MergerPlace

Sports Bar & Steak Restaurant

Florida (Polk)


  • Asking Price: $1,150,000
  • Gross Income: $2,035,502
  • Cash Flow: $346,188
  • Real Estate: $1,100,000
  • Inventory: $12,000
  • FF&E: $500,000
  • Listing ID: #209793
  • Established: 2006
  • Employees: 4 FT / 35 PT

Business Description

FREE Restaurant if you buy the Real Estate. 12 yr. Sports Bar/Restaurant Real Estate in Winter Haven FL area. Never done less than $2M gross/yr. for dinner thru '19. Could add breakfast/lunch. Often absent owner slacked off in '18. 35 employees, 220 seats/110 parking spots, 1.5 acres, 6,000 sq. ft. inside. 4 CRX liquor. Camera system, computers, over half million in FF&E & building new upgrades. Many staff employed 5-9 yrs. Great area reputation - Fun, Family, Food. $115K down. Loan only applies to a buyer who brings extra cash-flow of their own to fund $8K per month debt service. Call broker for all the details.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
County: Polk

Company Information

Year Established: 2006
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 4 FT / 35 PT

Financial Information

Asking Price: $1,150,000
Gross Revenue: $2,035,502
Cash Flow: $346,188
FF&E: $500,000
Inventory: $12,000
Real Estate: $1,100,000
Seller Financing Available: Yes

Property Information

Facilities:

Real Estate is included in this sale.

Competition:

No real competition in the area comes close.

Reason for selling:

Please ask broker.

Support & Training:

Will train for 3 weeks @ $0 cost. Restaurant management experience necessary.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Dan Gore

Murphy Business Brokers