Multiple Bar Concepts w Kitchen & 4COP Liquor License

Price: $2,295,000

Location: Central Florida

Listing ID: 4110-00277

Listing Status: New

Description

Centrally located in a prominent metro area with tons of foot traffic, these well established operations boast multiple bar concepts with different environments. The location has plenty of TVs, a sizable kitchen with plenty of FF+E, and caters to both day and nighttime crowds. After almost 15 years in business, the venues have been updated and renovated over the years maintaining a positive reputation and look.
A 4 COP Liquor License is included in the price with possible financing available for qualified Buyers. The long term lease paired with the strong staff and management in place should ensure continuity. Business sustained through COVID-19 with a strong recovery in 2021 and 2022 numbers are on
target to be slightly above 2021.

LISTING DETAILS

Down Payment: $2,295,000

Total Sales: $2,127,230

Discretionary Earnings: $614,054

FFE: $200,000

FFE Included: Yes

Inventory: $12,500

Inventory Included: Yes

Operation

Year Established: 2010

Year of last Acquisition: 2010

Days & Hours of Operation: 11am (or 4pm) until 2am, 7 Days/week

Owner Hours Per Week: 15

Lender Pre-Qualified: No

Employees: 18

Managers: 2

Absentee Owner: No

Lease Option: Options Available

Location

Monthly Rent: $16,750

Type of Location: Stand Alone / DT

Square Footage: 4000

Franchise: No

Relocatable: No

Summary

Reason For Sale:

Consolidation, Other Business Interest

Training & Support:

Two Weeks

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

Carey Sobel

Carey Sobel