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Businesses For Sale   >>   Florida Businesses For Sale Categories   >>   

Attractive, Almost New Sports Bar & Grill

Location  Florida,United States
Asking Price Range  < $250K
Gross Revenues  $485000
Net Profit / Cash Flow  $106700
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2012
Number of Employees  10 - 19
Inventory  52000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Reason for Sale  Lost business partner; absentee operated
Description  This attractive, well-equipped, 162-seat sports bar is the only one in the local area. It opened in June 2012. The partner who was supposed to manage it backed out, so it is mostly absentee. Despite this, sales have grown to over $40,000 per month and should be still higher during season. Marketing would produce even greater revenues. It has a full liquor license and a typical sports-bar menu. All revenue reported is from a POS system. An owner-operator is needed to get better control over costs, although there are managers in place for the kitchen and bar. The favorable lease includes a ten-year initial term and two five-year options, but the landlord would also be willing to write a new lease. The location is a newer, fully leased strip center with ample parking on a US highway. Price: $135,000. Please contact Eric Petty, Broker, Corporate Consultants, Inc., at 727-343-0444 or via email.
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