Locals Favorite Sports Bar with Strong Year-Over-Year Growth
Basalt, Eagle County, Colorado, United States
Asking Price$245,000
Revenue$846,275
EBITDA-
Cash Flow$184,498
Description
Opportunity to own one of the most well-known and longest running bars in town, with a rich history and loyal clientele! Pool tables, arcade games, big screen TV’s and kitchen with pizza oven. Sales in 2023 grew 60% over 2022 and are double 2021. If you are looking for a streamlined operation where you do not need to re-invent the wheel, and a business with strong local support, this could be the best deal you find. Potential buyers will be asked to complete buyer registration, sign a non-disclosure, interview with broker and provide evidence of the resources to complete a transaction of this size before additional confidential information will be provided.
Real Estate
Leased
Furniture Fixtures & Equipment
$50k
Inventory
$12kIncluded in Asking Price
Year Established
1995
Reason Selling
Retirement
Facilities & Assets
3,335 sf of leased space (new lease with renewal options began January 1, 2024) with signage visible from busy Highway 82.
Support & Training
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.
Market & Competition
Location with little competition, other restaurants, have bar seating, but no other local sports bar with pool tables and pub menu.
Growth Opportunities
Growth could come from expanding social media advertising, adding more live music events, being open for lunch and/or doing more outside catering.
Financing Options
Seller financing is available.The Seller will entertain offers of varying financial and legal structures.