Selling Stores asks if you have a great personality and good business sense and if you want a money making business with few employee headaches, low maintenance, plenty of fun, then you have to look at this business. Operating for more than 6 years, this business has 17 billiard tables, a large bar area, darts, video games, shuffle board and much more. There is a solid customer following the owner has built with years of good service and quality products. The center just had a face lift and looks great. Despite the weak economy, sales remain strong and growing in part due to the great location off a high traffic street and in a large retail center with major anchors. There are 7,200 spacious square feet with an unbelievable rent of only $5,653 plus CAM. There is also a kitchen with a hood system for burgers, fries, and other various snacks to offer the clients. There is a beer and wine license as well. This has been a solid financial performer and there is always the opportunity for a new owner to increase revenue through expanded offerings. Annual gross revenue averaged over $300,000 on tax returns.
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Management Mel Jones
Lease
Lease Term:
7 years Remain
Total Monthly Rent:
$8,800
Security Deposit:
$12,500
Financials
Last Year's Annual Gross:
$279,911
Last Year's Food Cost %:
80430
Operations
# of Part-Time Employees:
4
Hours Open:
Sun. - Thurs 11am - Midnight.
Fri. - Sat. 11am - 2am.
Highlights
- Easy to Operate Business
- Perfect for Family
- Plenty of Easy Access Parking
- One Man Operation
- Monthly Gross $ 25,000-$30,000 on Tax Returns
- 6 Year in Business
- Billiard Table Brands Are 3 Dinamo Coin - 5 Diamond Professional - 3 Olhausen - 6 Valley
Financing
Will Seller Lend To Buyer:
No
Demographics
| Population |
3-mi. |
5-mi |
| 2014 Total Population |
56,708 |
195,567 |
| Households |
3-mi. |
5-mi |
| 2010 Number Of Households |
20,045 |
72,888 |
| 2010 Persons Per Household |
2.63 |
2.51 |
| Median House Value |
$213,100 |
$270,978 |
| Income Per Household |
$54,915 |
$60,527 |
| Businesses |
3-mi. |
5-mi |
| 2009 Number Of Businesses |
1,241 |
4,517 |
| 2012 Number Of Employees |
70,332 |
160,964 |
| 2012 Total Annual Payroll |
$2,226,328,000 |
$4,284,927,000 |
click for more demographic info
Disclaimer
Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it. In some cases, foreward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.