Looking for a buyer.
This unique bar and grill has a diversified menu that keeps customers coming back over and over again. Even during the pandemic, loyal customers kept sales afloat thanks to their prime location in Omaha, NE and their dedication to excellent service, even in the more difficult times. This business is primed to see continuing growth after adjustments made in 2020 led to a 31% profit margin and sales have only increased since. The current staff consists of 3 full-time managers, 17 part-time workers including cooks, hosts, and servers. With this established and skilled staff, the current owner only handles general management, and new ownership would easily be able to transition to being fully absentee owned! This business was originally valued at $1.4M. However, the owner has another business that demands more time, so they are selling it for an extremely discounted price of $925k! Excellent marketing in the recent years has led to great success, with most weekends being standing room only. With a welcoming patio, multiple TVs, and games (including Keno!) this local treasure is sure to remain successful in the years to come! Key opportunities for additional growth include expanding business to accommodate the local lunch rush (for which new staff could be hired on) and potentially opening a second location to meet local demand. Priced at $925,000, a 15% down payment of $138,750 returns $270,648 in the first year after debt payments! With a prime location in Omaha and a growing customer base, this is not an opportunity to miss out on!
Omaha, NE, USA
Omaha, NE, USA
To download teaser or contact poster, please sign in.