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Beer & Wings Sports Bar in Sioux City



  • Price

  • Revenue

  • Cash Flow

  • Location
    Sioux City

  • Equipment

  • Inventory

  • Profit Margin

  • Employees
    6 Line Cooks, 12 Bartenders/Waitresses, 1 Manager

  • Reason for Sale
    Seller has other businesses he would like to actively grow

Over $800,000 in build-out and brand-new equipment make this bar a turnkey operation for any buyer. Known for some of the best beer and wings in Sioux City, a new owner could take that reputation and grow it through expanding catering and take-out services. As the bar is fully staffed, the owner is absentee, and is looking to sell so he can focus on actively growing his other companies.

6 Line Cooks keep the kitchen running late into the night, offering up all your favorite pub food. Covering the bar and dining tables are 12 Waitresses/Bartenders. The bar also has a great Manager in place to oversee employees and operations for the owner, who is living out of state.

The bar is located in a 6,000-sq. ft. space in a strip mall. Patrons can view their favorite sports teams from any of the 20 TV’s throughout the bar. A party room with arcade games and a dart board are available for large gatherings.

Open for just under 1 year, the seller spent over $800,000 in getting the bar up and running. At a $190,000 price, this is a steal for any aspiring bar owner. A true turnkey operation that is “move-in” ready, this location has great potential to become a family destination for years to come. 

Business Highlights

  • Years in Business: Under 1 year
  • Location and Service Area: Sioux City, Iowa
  • Building: 6,000 sq. ft. – includes party room with dart board and arcade games; 20 TV’s throughout
  • Reason for Selling: Seller has other businesses he would like to actively grow
  • Employees: 6 Line Cooks, 12 Bartenders/Waitresses, 1 Manager
  • Hours: Sun – Thurs 11AM to 12AM, Fri – Sat 11AM to 1AM
  • Kitchen Hours: Sun – Thurs 11AM to 10:30PM, Fri – Sat 11AM to Midnight
  • Seller Training Period: 90 days
  • Growth Opportunities: Catering – bar is set up for catering but does not promote it. Discontinue franchise – make the bar your own!
  • Current Owner’s Responsibilities: Absentee

Financial Highlights

  • List Price: $190,000
  • 2017 Gross Sales: $848,288 Annualized
  • 2017 Cash Flow: $116,754 Annualized
  • Profit Margin: 14%
  • Assets Included in Purchase:
    • Equipment: $259,000 - All brand new! - Griddle, prep table, slicer, pans, oven, coolers, freezers, and more.
    • Intangible Assets: Active Facebook page, award-winning food
    • Build-out: $807,471
    • Inventory: $15,000

*amounts may vary

Cash Flow Analysis

Description of Financial StatementP&L Statement
January - October 3
Net Income Shown on Financial Statement$-39,616
Compensation to Owner$17,000Absentee owner's salary
Manager's Salary$55,192Run bar as Owner/Operator
11% Tax on total W2 Salaries$7,941
Depreciation$25,155Non-cash item
Amortization$20,769Non-onward going expense
Interest$1,125Non-onward going expense
Seller's Cash Flow = Total Addbacks + Net Income$87,566
Profit Margin13.76 %


  • In just under 1 year, the bar is projected to reach nearly $850K in sales and profit over $116,000.

Special Features

  • 20 TV’s for sports lovers to watch their favorite teams
  • Dart board and arcade games in the party room


  • 1 FT Manager
  • 6 Line cooks
  • 12 Waitresses/Bartenders

Owner is absentee! However, run the bar as an Owner/Operator to maintain Cash Flow and profit margin.


  • $259,000 in brand new equipment is included in the purchase, including the following:
    • POS System - $20,739
    • Oven/shelf set/prep table/fryer - $14,951
    • Worktable/bar sink/ice chest - $14,594
    • Neon signs - $13,080
    • Reach-in freezer - $4,229
    • Broiler/griddle - $4,197
    • And more!

Sample Menu

Chicken Sandwich
Turkey Club
Grilled Chicken


Swish Mushroom
Bacon Cheese
Bleu Cheese Bacon
Hawaiian Burger

Valuation Details

The Firm Business Brokerage used a Cost-to-Create methodology to determine the Purchase Price of the business.  Over $800,000 was spent in getting this bar up and running, and for just $190,000 you can own a fully-staffed, brand new bar!


The List Price for the business is set at $190,000.


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