$Seller Financing Available
| Asking Price |
$695,000 | Inventory |
$15,000* |
|---|---|---|---|
| Gross Income |
$872,000 | Real Estate |
|
| Cash Flow |
$184,000 | Year Established | 2001 |
| FF&E |
$550,000* | Employees | Varies |
* included in the asking price
** not included in the asking price
58% ROR!! SPECTATORS Sports Bar & Nightclub... THE Premier Nightclub, Sportsbar & Grill has it all: dance floor, pool, poker, shuffleboard, darts, food, live DJ and more in Missouri s state capitol. AND a Premier location on Missouri Blvd. with approximately 35,000 VPD, great parking, and extensive continuous leasehold improvements. All equipment, fixtures, inventory, customer lists, trade name, & goodwill at a price that provides a new owner with a CAP Rate of 22+ and a cash-on-cash rate of return of 58%) the first year alone! These numbers include paying a manaqer a good salary. Bad economic times or good, this type of business makes huge profits! Just think of how many friends you'll have as the owner of THE place to be! The numbers assume 20% down, 6% interest, and a ten year period (could be better terms with SBA). This is the opportunity of a lifetime for investors and owner-operators because a property like this does not come on the market very often at such an attractive price. This business has no real competitors in the area. To learn more, contact Robert Cook, Business Broker, at cell 573.230.7979 for a confidentiality agreement. Owner has requested all inquires please come to the Broker only. And please, serious buyer inquiries only. This property should sell quickly based on its large cash flow operations, so contact us at your earliest convenience for more details and a view of the property. Our website has more pictures for you to view: www.BowmanCommercialRealty.com
Facilities: Spectators Nighclub and Sports Bar is 10,000 sf of leased space at less than $8/sf/year. Masonry & steel structure. Long term lease is available for this prime location on the business street in Jefferson City. Nearly unlimited parking. Furnishings are top quality and condition. Extensive Leashold improvements are current. High-tech security system. All games and 10 pool tables. High tech lighting and sound system. Video games are leased and produce large profits. Large outdoor patio area.
Competition: Spectators is the premier nightclub, sports bar, and restaurant combination in this state capital of Missouri. Only one other bar exists that tries to compete on this level but doesn't come close.
Growth/Expansion: Expansion into a full-servive, full-time restuarant would be desirable and easy to do because Spectators has a complete kitchen. This could bring in another $350,000 annually according to the CPA. Spectators now only serves evenings.
Seller Financing Available: Yes
Financing: To be determined by purchase contract
Support/Training: Up to one year with hours to be determined by purchase contract.
Reason Selling: Other businesses to run and family obligations.

Robert L. Cook
5738932516
Bowman Business Brokerage
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