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Price: $375,000
Location: Orange County, Florida
Listing ID: 4110-00138
Listing Status: New
Turn-key restaurant & sports bar with a great reputation and strong YoY sales volume. Beautiful modern build out with new equipment, and an exceptional floor plan including an outdoor seating area. 20+ TV's and projectors make this a great spot to watch a game. Outstanding lineup of entertainment such as live music, DJ's, trivia, and poker complemented with weekly specials and a great brunch menu. The venue features a full-liquor bar with a specialty cocktail menu, selection of craft bottled beers and 16+ draft beers on tap. Well-trained staff and management in place for continued success. VERY CLEAN BOOKS & a STRONG OWNER'S BENEFIT. Desirable location, with plenty of parking, and tons of built in foot traffic in a very popular shopping area. Keep the current concept or bring your own; great for an Owner/Operator or an investor. GROSS SALES YEAR OVER YEAR: $1,729,651 (Y22, Annualized) | $1,854,609 (Y2021) | $2,391,646 (Y2019) *Orange County 4COP Liquor License required to Operate based on CURRENT STRUCTURE (This asset is not available from the seller, but may be available elsewhere.)
Down Payment: $42,100
Total Sales: $1,729,651
Discretionary Earnings: $337,807
FFE: $200,000
FFE Included: Yes
Inventory: $12,500
Inventory Included: Yes
Year Established: 2015
Year of last Acquisition: 2015
Days & Hours of Operation: Monday – Sunday, 11:00am – 2:00am
Owner Hours Per Week: 20
Lender Pre-Qualified: Yes
Employees: 36
Absentee Owner: No
Lease Option: (2) 5 Year Options
Monthly Rent: $12,600
Type of Location: Strip Center
Square Footage: 3600
Franchise: No
Relocatable: No
Reason For Sale: Consolidation/Other Business Interest
Training & Support: Two weeks at no cost to buyer.
Owner Qualifications: Bar & Restaurant Management Experience
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