MergerPlace

Sports Bar & Steak Restaurant

Florida (Polk)


  • Asking Price: $1,600,000
  • Gross Income: $3,036,118
  • Cash Flow: $519,647
  • Real Estate: $950,000
  • 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 year old Sports Bar/Restaurant including Real Estate in Lakeland FL area. Dinner only usually does around $3M gross sales & $480K on tax returns. Can keep as a Franchise or change it. Often fills 220 seats/110 parking spots nightly. 4 CRX liquor. Lender in place. Camera system, computers, half million in FF&E and upgrades included. Many employees been there 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!! Buyer should provide resume' & financial statement.


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: $1,600,000
Gross Revenue: $3,036,118
Cash Flow: $519,647
FF&E: $500,000
Inventory: $12,000
Real Estate: $950,000
Seller Financing Available: No

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

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Business Listed By:

Dan Gore

Murphy Business Brokers