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Dec
12

World Famous Sports Bar & Grill Belleville ON – For Sale

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Sports Bar & Grill Sale

World Famous Sports Bar & Grill Franchise business in Belleville, Ontario is fortunately up for sale. This Sports Bar/Restaurant is popular with families, groups of friends and travelers. This is the local business lunch locale, full course meals for travelers, great for a Drop-In Snack or Relax and enjoy any local or imported refreshing beverage.   Well established with Local Sports Teams. Ever Wonder How a Sports Bar that Generates $1.2 – $1.5 Million can be Sold for Less Than A Third of That? Once You See the Inside of This Terrifically Located Bar/Restaurant Close to Downtown, 401, Major Motels/Hotels, You Will Want It! New Long Term Lease: Rent $6050/mo. For 6000 Sq. Ft. Lease holds about $3600 (varies), Tons of LH Improvements Including TV Screens, 50 Seat Patio, 250+ Seat Bar/Restaurant, The annual revenue for this business is $1.2M+ (records available with serious offer) 11 AM -01 hrs M-Th, -02 hrs. F,S, -12 Sn. Employees: 25, Tons of walk in traffic due to location and NO Competition (Cha-Ching!). Great Track Record of Sales, a Gold Mine for the Entrepreneur who Knows Business and People. Owner moving to USA for other opportunities. Third Party Financing May Be Available For Qualified Buyer.

Business Details

Crabby Joe's Belleville6Business Type: Family Restaurant with LLBO

Asking Price: $469,000

Annual Revenue: $1.2M

Size of Premises: 6,054 Sq Ft

Rent/Lease Terms: $6,050 Per Month+ TMI – $3,600 (& Varies), Lease – 4 Yr + Three 5 Yrs Option In Place

No of Employees: 25

Seats: 250 Plus An Additional 50 Seats Patio

Buyer Training: Full Training Will Be Provided By The Franchisor.

Crabby Joe's Belleville4Business Operation Hrs: Mo-Thu: 11am-1am, Fri: 11am-2 am, Sat: 11am-2am, Sun: 11am-Midnight

Business Comments

Just off the 401 Corridor close to all amenities, walk in traffic from many hotels in area.   All furniture and fixtures included in the price. This business is conditional upon buyer’s approval from franchisor. Only qualified buyers will be entertained for such information. List of Chattles Available. Outgoing Owner May Pay Franchise Fee For This Year For You. All Sales Figures Documented And Available To Only Qualified Buyer with Offer. Call With Confidence. Contact Office 416 364 5550 Or Alam 647 999 2171

Existing Business for Sale Inquiry

For inquiry and questions about this business for sale we look forward to hearing from you and assisting you in your acquisition requirements. (NOTE: This form is provided for entrepreneurs & buyers interested in the existing business & should not be used for solicitation or SPAM messages).

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N.B: THIS IS CONFIDENTIAL SALE OF BUSINESS – only serious candidates please.

Disclaimer: All information and statements contained herein are from sources deemed reliable and assumed correct, but is provided with no warranty as to the accuracy hereof. It is submitted subject to errors and omissions. Sales figures are based solely on the entries provided by Vendor and are to be verified by Buyer.

Categories : Blog, Listings

Comments

  1. terri lane says:

    May i know the business history? I will check if we can also visit the area so we can see the exact place.

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