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    • Sports Bar in Dodge County Nebraska

      Sports Bar in Dodge County Nebraska

      Business Type

      Retail - Bars/Taverns

      Area
      County Dodge State Nebraska
      Property Status Established Business Asking Price $81,000.00
      Down Payment Total Debt
      Gross Sales Total Income
      Total Expenses Terms
      Listing Flyer
      Summary
      List Price:$81,000
      Gross Sales 
      2016: $213,080
      2015: $281,458
      2014: $176,896
      Owner Profit/Cash Flow
      2016: $40,563
      2015: $40,809
      Profit Margin: 19%
      Multiple: 2 
      Valuation: 2016 Cash FlowxMultiple=Price
                  $40,563x2=$81,126

      Assets Included in Purchase: $65,993
      Equipment: $61,993 – walk-in coolers, prep table, dishwasher, flat grill, refrigerator, and more
      Intangible Assets: Location, name and no immediate competition
      Startup: $4,000

      *amounts may vary

      Business Information
      Years in Business: Under current owners for 4 years
      Location: Dodge County Nebraska
      Service Area:  Between Columbus and Fremont
      Entertainment: 7 TV’s, volleyball court, shuffleboard, pool table, Keno, Pickle tickets 
      Building: 4,000 sq. ft. – bar, party room, stage. Outdoor volleyball court for leagues/tournaments.
      Reason for Selling: Ready to move on
      Employees: 3 PT Waitresses, 1 Cook (Mon – Fri), 2 Night Cooks
      Bar Hours: Mon – Sun 11am to 2am
      Kitchen Hours: Mon – Fri 11am to 10pm, Sat 4pm – 10pm
      Seller Training Period: 90 days
      Growth Opportunities: Catering – the bar is set up for catering, but does not currently provide that service. Expand volleyball league. 
      Current Owner’s Responsibilities: Employee management, books, and fill in as needed.

      Funding Example
      Purchase Price:$81,000
      20% Buyer Down Payment:$16,200
      30% Seller Financing:$24,300
      70% Bank Loan:$40,500

      A 20% down payment of $28,200 returns $29,054 in the first year after debt payments.

      Located in Dodge County Nebraska, this sports bar offers unique tap beers, a great pub menu and an outdoor volleyball court. Offering daily specials, patrons come for lunch and dinner, and frequently pack the bar for Huskers games. Under the current owners for 4 years, the bar has a prime spot along a major road in town.

      The largest bar in town, patrons are invited to play pool, shuffleboard, and join the volleyball league that runs from April to August. There are 7 TV’s for sports lovers to watch their favorite teams, and a party room popular for parties and events. While there is a stage, the bar does not currently offer live music.

      Staff includes 3 PT Waitresses and 3 Cooks, 1 of whom works weekdays, while the other 2 work the kitchen at night. The sellers manage employees and the books, filling in at the bar and kitchen as needed.

      As part of a local tradition, this bar offers great growth opportunities for the next owner. Catering is currently not offered, but the bar is set up and can easily implement this service. The volleyball league has proven popular, and adding an extra night each week should increase patronage and the top line.

       
      Print Listing
  • Lease / Asset Information
    • Rent Rent Deposits
      Lease Ends
      Accounts Receivable Square Feet
      Inventory Inventory Included No
      Furniture, Fixtures, and Equipment (FF&E) FF&E Included No
      Other Assets Assets Included No
  • General Business Info
    • Other Information
      Employees Part Time Employees
      Hours Open Days Open
      Year Established
      Training
      Selling Reason
      Property Features
  • Images
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About the Broker....

The Firm Business Brokerage

Cortney Sells
11550 West Dodge Road
Omaha, Nebraska 68154
Phone: 402.998.5288
Fax: 402.939.0857
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Contact Information

Contact Name Cortney Sells
Phone # 402-998-5288
 

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