Profitable Bar With Gaming And Real Estate

Description

Bar business for sale with the real estate included. The operation combines regular bar revenue with income from licensed gaming machines, giving the buyer both an operating business and ownership of the property.

Business profile

• Bar operation with existing staff
• Real estate included in the sale
• Licensed gaming machines
• Updated furniture, fixtures and equipment
• Seller reports limited day-to-day owner involvement

Revenue

The seller reports consistent cash flow and attractive operating margins. In addition to beverage and hospitality sales, the business receives revenue from gaming machines.

Buyers should review the gaming revenue separately, including the operator agreement, revenue split, machine ownership and any fees tied to the program.

Property

The real estate is part of the transaction rather than being leased from a third party. The seller describes the property as visible and well located.

Buyers should obtain an independent property inspection and review zoning, taxes, title, parking, building systems and any liens or environmental matters before closing.

Operations

An experienced staff is currently in place, and the seller reports that the business can operate with relatively little owner involvement.

A buyer should confirm management responsibilities, payroll, scheduling and how much time the current owner actually spends on the business.

Included assets

The bar is represented as fully equipped with updated furniture, fixtures and operating equipment. A detailed asset schedule should be reviewed to confirm what is owned and included in the sale.

Buyer review

Buyers should verify historical financials, beverage margins, payroll, gaming income, real estate value, equipment condition and working-capital requirements.

Liquor licensing, gaming approvals, machine agreements and any entertainment permits should also be reviewed carefully, as these may require separate transfer or regulatory approval under new ownership.