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.
1.3 acres. 6000 sq. feet. Off of major highway and next to a hotel.
The area population continues to grow. New owner may do well to expand daily hours or even add a breakfast in this spot.
Aging Mom -- Moving family back to Greece for a couple years.
Will train for 2 weeks @ $0 cost.