MergerPlace

Sports Bar & Grill

Saint Petersburg, Florida (Sarasota)


  • Asking Price: $249,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $7,500
  • FF&E: $200,000
  • Listing ID: #218386
  • Established: 2013
  • Employees: 14

Business Description

Sports Bar & Grill located in a mall atmosphere with their own entrances both inside and out. Location features 18 tap beers and full alcohol . Full menu from appetizers, sandwiches, meals and catering. Featured daily is an all-day happy hour. Solid and long term key staff in place including a manager, cooks and bartenders. Seating for 219 patrons which includes 2 outdoor covered patio areas. There are 18 TV's throughout the location. Location is turning a profit but is being sold as an asset sale. Mall is under new ownership with many new plans and this is the only restaurant. Please refer to listing #3353-345407, Agent Joseph Nicolini when inquiring about this listing. Thank you!


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
Metropolitan Area: Saint Petersburg
County: Sarasota

Company Information

Year Established: 2013
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 14

Financial Information

Asking Price: $249,000
FF&E: $200,000
Inventory: $7,500
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 6800 Square Footage: 3333 Building Type: Mall Center Terms & Options: open Expiration Date: 7/1/2023 In addition to base rent there is a 10% fee on any sales over $450,000.00

Growth & expansion opportunities:

Website needs significant work and an advertising campaign throughout the large residential area surrounding it should increase business.

Competition:

This establishment is the only restaurant and bar in the entire mall

Reason for selling:

Retirement

Support & Training:

Will train for 2 weeks @ no cost

Contact Business Seller

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Business Listed By:

Joseph Nicolini

Transworld Business Brokers of Central Florida