High Traffic Pizza Pub & Sports Bar

Description

Pizza and pub business for sale in a Midwest tourist market with strong seasonal demand. The operation dates to 2006 and combines house-made food, two full bars, indoor seating and patio service from a multi-level building.

Seller financing

The seller is willing to consider financing for a qualified buyer who can provide acceptable collateral.

• Buyer down payment: approximately 25%
• Seller financing available for qualified buyers
• Collateral required

Interest rate, amortization period, security, personal guarantees and any balloon payment should be negotiated and documented before closing.

Food and concept

The menu is built around pizza and pub food, with several items prepared in-house rather than purchased fully prepared.

• Pizza sauce prepared daily
• House-made meatballs
• Freshly prepared menu items
• Full food and beverage service

Buyers should confirm ownership of recipes and whether written production procedures are available for transfer.

Facility

• Multi-level building
• Approximately 100 seats
• Two full bars
• Indoor dining
• Patio seating
• Heated and cooled customer areas
• More than 20 televisions

The seller reports substantial improvements to the property and operating space, including HVAC upgrades, glass wall panels, a large outdoor bar and updated sound and sports-viewing systems.

Seasonality

Sales follow a clear seasonal pattern, with the strongest business generally occurring from late spring through early fall.

Buyers should review monthly sales and cash flow over several years rather than relying only on annual totals, particularly when evaluating working-capital needs during slower months.

Management

Daily operations are currently handled by an experienced general manager and a long-term bar manager.

The owner is primarily involved in financial oversight, reporting and weekly management meetings rather than regular day-to-day restaurant operations.

Staff and transition

The seller reports that the existing team intends to remain after a sale. Continued employment should be confirmed directly with key managers and employees.

The seller will provide training and transition support to transfer operating procedures, recipes, vendor relationships and management knowledge.

Due diligence

Buyers should verify historical financials, monthly seasonality, food and beverage margins, payroll, management compensation, lease or real estate terms, equipment ownership, renovation costs, patio approvals and liquor-license status before closing.

Particular attention should be given to dependence on the current general manager and bar manager, the terms of seller financing, collateral requirements and any customer deposits or event obligations outstanding at closing.