Summary: 
Party Bar in great location with no kitchen
Business Type: 
bars
Business Type: 
leisure
Location: 
Nebraska
Price: 
$94,000
Sales Revenue: 
$351,906
Realestate Included: 
No
Inventory: 
$10,000
Employees: 
4
Internal Listing:: 
RES029
Reason for Sale: 
Owner is ill

Description
This Party Bar in a great location with no kitchen surrounding several neighborhoods has many features for its clientele. The activities within the bar include: Beer Pong Table, Breathalyzer, Dancing, Darts, DJs, Games/Arcade, Happy Hour, Lady’s Night, and Live Music. The atmosphere is something that everyone can enjoy. Thursday through Saturday the bar is at max capacity of 160 people!

This bar has great growth opportunities – including room for a small kitchen if you would like to add one to begin serving simply bar-type food for the clientele. As well as begin hosting a dart league during the week to increase weekday traffic. There are plenty of regular clientele that enjoy the bar and the drink specials in which are offered daily.

Financial Overview
List Price: $94,000
Gross Sales: $351,906

Owner Profit/Cash Flow: $19,546 + Cash Tips

Valuation: The Purchase Price of this facility was determined based on the Cost to Create Valuation. It would cost a person far more than $94,000 to create a bar that is fully equipped with all furnishings, website, bar activities (arcade games, dart boards, etc.) as well as establish a name that is recognized throughout the Omaha area which draws in the local traffic.

Assets Included in Purchase: $38,000
Equipment: $28,000 – bar furnishings including: arcade games, dart boards, beer pong table, chairs, tables, etc.

Inventory: $10,000 – in usable liquor and beer inventory

*amounts may vary

Business Information
Year Established: 2008
Location and Service Area: Northwest Omaha, Nebraska right off of Maple Street
Capacity: 160 people
Reason for Selling: Owner is ill
Employees: 4 skilled and experienced Bartenders
Hours: Monday – Saturday 11AM – 2AM; Closed Sundays
Seller Training Period: Seller will train for 30 days
Growth Opportunities: Begin leagues for darts on week nights to increase the weekday traffic; add on a small kitchen to serve simple bar food

Funding Example
Purchase Price: $94,000
30% Buyer Down Payment: $28,200
10% Seller Financing: $9,400
60% Bank Loan: $56,400

Next Steps
For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage’s professionals at 402.998.5288 or email Confidential@TheFirmB2B.com.

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