Businesses For Sale    September 6, 2010
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Marketing Profile Disclaimer
 

These marketing profiles are considered to be a "working draft" and content, price and terms may change without notice.  These profiles are not an offer to sell or trade securities.  Dailey Resources, Inc., is a TEXAS Registered Business Intermediary and a TEXAS Real Estate Broker.
 
 
Listing Details - Sports Bar with Outside Party & Sports Facilities
 

Sports Bar with Outside Party & Sports Facilities

(Alcohol Related, Bars ; Alcohol Related, Cocktail Lounges)

Dallas County - Texas, Dallas

Seller Financing: No
Lender Pre-Qualified:
Listing ID: 2320rj
Status: Active

Listing Details

Listed Price: $625,000
Down Payment: $625,000
Total Sales: $1,096,261
SDE: $233,002
EBIT:
EBITDA:
FFE: $250,000 Included? Yes
Real Estate: $0 Included?
Inventory: $5,000 Included? Yes
A/R: Included?
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Contact Information
MJ Dailey
Dailey Resources Inc
9290 Huntington Square
North Richland Hills Texas
Office: 817-663-0001
Fax: 817-663-0006
Email: mjdailey@daileyresources.com
www.daileyresources.com
Send Email To Agent
Reason for Sale: Owners would like to pursue other interests
Training: Owners will provide 30 days, however is willing to negotiate more time if needed.
Financing Terms:

Operations

Year Established: 2004
Last Acquired:
Form of Ownership: S Corp
Home Based: No
Relocatable: No
Type of Location: Stand-alone
Absentee Owner: No
Online:
Employees: Full Time: 5 / Part Time: 27
Managers: 1
Hours: 7 days a week from 1:00 PM to 2:00 AM
Owner Hours:
Non-Owner Payroll:
Franchise Info:

Location

Lease Expire: 8/31/2014
Option: 5 addtional years
Lease Terms: 8/2010 rent to $7,500 month
Lease Security:
Monthly Rent: $6,500
Square Footage:
Facilities:

Summary

Business Description: One of a kind Sports Bar with outside volleyball and party facilities located in the Dallas/Fort Worth Metroplex. Inside the bar is filled with large flat screen TVs as well as a state of the art sound and security systems, pool tables, video games and professional dart boards surround an elevated bar. Outside you will find a spacious outside bar overlooking volleyball courts, bandstand, and abundant party areas to accommodate large groups as well as small gatherings. The business has a full kitchen and competitively priced banquet menu.
Historical Summary:
Owner Qualifications:
Competition: There are many Sports Bars in DFW but few offer the amenities of this unique venue.
Potential Growth: Owners are currently working to expand their corporate business by updating the banquet room to accommodate training and team building. The banquet menu has been expanded and have competitively priced all inclusive menus to appeal to the corporate market. They continue to grow their private party business and sports viewing year round by working with their vendors to sponsor events like Pay Per View UFC Fights.
 
 
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