Drinks, Games, Cash Flow - Bar And Grill

Description

Two franchise sports bar and grill locations for sale under the same operating concept. Both businesses combine full-service food and beverage sales with sports viewing, entertainment and multiple ordering channels.

Business profile

• Two operating franchise locations
• Sports bar and grill concept
• Extensive HDTV coverage
• American-style food menu
• Draft beer and cocktails
• Games and interactive entertainment
• Dine-in, carryout and delivery

Revenue streams

Sales are generated through food, alcoholic beverages, takeout and delivery, with promotional events and sports programming helping drive traffic during major games and other high-demand periods.

Customer base

The seller reports established local followings at both locations and repeat business supported by the brand, sports programming, daily specials and entertainment.

Buyers should review each restaurant separately to understand store-level sales, profitability, customer mix and dependence on major sporting events or seasonal traffic.

Franchise system

The locations operate within an existing franchise structure with standardized operating procedures, training and marketing resources.

Continued use of the current brand will be subject to franchisor approval, transfer requirements, franchise fees and the terms of the applicable franchise agreements.

Growth

• Increase local marketing
• Expand private event bookings
• Develop catering and group orders
• Improve labor and food-cost controls
• Increase direct ordering and delivery sales
• Develop additional local promotions around sporting events

Due diligence

Buyers should review financial statements for each location, including food and beverage margins, payroll, delivery fees, occupancy costs, equipment ownership and store-level cash flow.

Franchise royalties, advertising fees, required remodels, transfer fees, territory rights, lease terms, liquor licenses and entertainment or gaming arrangements should also be confirmed before closing.