Turnkey SPORTS BAR For Sale w Real Estate

Retail-Commercial for Sale
Catylist Listing ID: 30830202
Property Subtypes: Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 2,800 SF
Gross Building Area: See Agent
Sale Price: $850,000
Unit Price: $303.57 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/30/2023

Overview / Comments

Tucked in a neighborhood setting surrounded by rooftops and near other local businesses and national brands. Hoopsters Sports Bar and Restaurant is a very reputable local restaurant, pub and sports bar. Having been in business for about 3 decades and still operating successfully today, this offering is for the business, equipment, furnishings and the real estate as a full package and turnkey sale. Owners are operators. Located at 830 E 10th Street in Jeffersonville Indiana.

Revenue and Income available with submitted offer and the signing of a Non Disclosure Agreement (NDA). Offer can be contingent upon acceptable review of finances.

Current Tenants

Tenant Business Name Owner is Tenant as Hoopsters Sport Bar and Grill
Contact Name Listing Agent
Contact Title Listing Agent
Phone Number 502-386-9022
Website URL https://www.hoopsterssportsbar.com
Industry Type Accommodation and Food Services
Is Renting? Yes
SF of Space Occupied 2,800 SF
Tenant Notes Seller, Owner and Tenant are one in the same. Hoopsters Sports Bar and Grill and is the Tenant name. Revenue and Income to be disclosed with offer and the signing of a Non Disclosure Agreement. Offer can be contingent upon review of finances.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Tax ID/APN: 10-20-00-200-790.000-010
Retail Clientele: General, Family, Business
Property Located Between: Pratt and Penn Streets
Property Visibility: Excellent
Largest Nearby Street: 10th Street
Highway Access: 5 minutes from I-65, which then travels 5 minutes for I-265 and I-64. Easy access to the Ohio River Bridges to Louisville KY.
Airports: Louisville International, Clark County Regional Airports
Site Description: Corner lot, great exposure and visibility. Building with 1200 sq ft of patio seating and is set up and used even in seasonal weather as its closed in for use.
Area Description: Loctaed and supported in one of Jeffersonvilles more established neighborhoods. Establishment has been at this location for about a decade though in business for over 3 decades.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,800 SF
Property Condition: Excellent
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Well maintained, flat roof with incline, concrete block, covered outdoor patio seating under the 1200sf canopy, used in inclimate weather with a patio wrap. Awnings add a nice flare, great street signage on 10th Street and all very visible.
Total Parking Spaces: 4
Parking Type: Surface
Parking Description: Property has 4 private parking spaces. However there is ample street parking that has supported the operation and its clientele for over a decade.
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: Immediately upon entering you know its a Neighborhood Sports Bar. It has a great look and feel. You will easily feel at home with the masses of televisions, great bar front seating, serious sports memorabilia, vendor supplied gaming, plenty of seating and a very welcoming hometown restaurant and pub.
Zoning Description: CN- Commercial Neighborhood.This district is established for small-scale, neighborhoods serving businesses located on primary streets, generally in older parts of the community.
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Pt Lot 8 & All Lot 9-Blk 5 0.1499 Ac

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,211 91,924 268,634
Median Age: 38.75 36.58 37.61
Households: 5,028 40,103 117,119


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