Multi-Location Sports Bar And Restaurant SDE $382K

Price: $1,995,000

Location: Seminole County

Business Category: Restaurants

Business Subcategory: Brew/Pub

Listing ID: 4110-00108

Listing Status: New

Description

Multi-Unit, turn-key sports bar & restaurant with a strong reputation, loyal following and impressive sales volume. Each location has all packages for all sports and an outstanding lineup of entertainment. Each venue features full liquor bars with great beer selections and a full service sports themed menu. All locations have strong leases with options, well-trained staff and management in place for continued success. Current owner has operated for almost 20 years and is ready to retire. Very clean books with a strong owner's benefit. Perfect for an Owner/Operator or an investor. Financials reflect one store closing mid-year 2019, and a new store opening mid-year 2019. 'Other' ($90k) reflects a new owner replacing the current area manager.

LISTING DETAILS

Down Payment: $199,500

Total Sales: $5,183,384

Discretionary Earnings: $382,000

Accounts Receivable: N/A

Accounts Receivable Included: No

FFE: $600,000

FFE Included: Yes

Inventory: $60,000

Inventory Included: Yes

Operation

Year Established: 2001

Days & Hours of Operation: 11:00am - 2:00am, Monday through Sunday

Owner Hours Per Week: 10

Employees: 103

Managers: 6

Absentee Owner: No

Lease Option: Options Available

Location

Real Estate: N/A

Real Estate Included: No

Monthly Rent: $56,000

Type of Location: Multiple Bldgs

Square Footage: 22458

Franchise: No

Relocatable: No

Summary

Reason For Sale:

Retirement + Health Issues

Training & Support:

2 Weeks Training

Owner Qualifications:

Bar & Restaurant Mgmt Experience

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

Tony Blair

Tony Blair