Multi-Location Sports Bar And Restaurant SDE $382K

Price: $2,495,000

Location: Seminole County

Industry: Beer, Wine, and Liquor Stores

Listing ID: 4110-00108

Listing Status: New

Description

Multi-Unit, turn-key sportsbar & restaurant with a strong reputation, loyal following, and with great sales volume. All locations have all packages for all sports and an outstanding lineup of entertainment. The venues all feature 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 looking to retire. Very clean books with a strong owner's benefit; great 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 new owner replacing current area manager.

LISTING DETAILS

Down Payment: $375,000

Total Sales: $5,183,384

Cash Flow: $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

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

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

Tony Blair

Tony Blair