Owner Profit/Cash Flow
Profit Margin: 19%
Valuation: 2016 Cash FlowxMultiple=Price
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
*amounts may vary
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.
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.