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

Amazing "Quick Sale" of fun 12 yr. old Sports Bar/Restaurant plus Real Estate in Lakeland FL area. Dinner only. Tax return shows approximately $3M G.S. & $450K adjusted net. Can keep as a Franchise or change to new concept. 35 employees, 220 seats/110 parking spots, 1.5 acres, 6,000 sq. ft inside. 4 CRX liquor. Camera system, computers, half million in FF&E & new upgrades. Many staff employed 5-9 yrs. $75 to $85K/per week in season & $50-$55K/week out of season. Great area reputation - Fun, Family, Food. Receive $500K cash bonus after purchase puts total price closer to 1.1M. Buy the property & then restaurant is almost free. Banks will do an "expansion loan" on this for any buyer who already owns a restaurant.

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


Real Estate is included in this sale.


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

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Business Listed By:

Dan Gore

Murphy Business Brokers