Turn-Key Neighborhood Restaurant and Sports Bar

Listing #: BBF-4110-00138

Contact Us About This Listing:

Asking Price:

Down Payment:

Financing Available:

Asking Price:

$1,399,000

Down Payment:

$225,000

Financing Available:

Yes, SBA pre-qualified

Gross Income:

Adjust Net:

Category:

Gross Income:

$2,391,646

Adjust Net:

$419,095

Category:

Restaurants, Brew/Pub

County:

State:

County:

Orange

State:

Description:

Turn-key restaurant and sports bar with a great reputation and strong volume with YoY increases in sales. 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 and a STRONG OWNER'S BENEFIT. Desirable location, with plenty of parking, and built in foot traffic. Keep the current concept, or bring your own. This is great for an Owner/Operator or an investor. 'Other' is Amortization. This business has been pre-qualified for SBA financing for qualified buyers, and subject to SBA approval

Assets & Liabilities:

Accounts Receivable:

Inventory:

FF&E:

Leasehold:

$12,500

$200,000

$262,000

Incl:

Real Estate:

Liabilities:

Other:

Total Assets:

N/A

$474,500

Incl:

Financial Information:

Year:

Type of Report:

Gross Income:

COGS:

Gross Profit:

Expenses:

Net:

Adbacks:

Owner Benefit:

2019

Tax Return

$2,391,646

$946,900

$144,746

$1,142,405

$302,341

$116,754

$419,095

Year:

Type of Report:

Gross Income:

COGS:

Gross Profit:

Expenses:

Net:

Adbacks:

Owner Benefit:

2018

Tax Return

$2,159,894

$847,328

$1,312,566

$1,047,059

$265,507

$142,057

$407,564

Year:

Type of Report:

Gross Income:

COGS:

Gross Profit:

Expenses:

Net:

Adbacks:

Owner Benefit:

2017

Tax Return

$2,140,360

$682,814

$1,457,546

$1,134,766

$322,780

$82,494

$405,274

Lease Information:

Rent Price:

Building Type:

Square Footage:

$12,600

Strip Center

3600

Terms:

Expiration Date 2/28/2021, with Lease Options

Additional Information:

FT Employees:

PT Employees:

Manager(s):

FT Employees:

PT Employees:

Manager(s):

Years Established:

Years Owned:

Hours of Operation:

Year Established:

Years Owned:

Hours of Operation:

Monday through Sunday from 11am until 2am

Experience/License Req'd:

Familiarization Period:

Non-Compete:

Experience/License Req'd:

Bar & Restaurant Management Experience

Familiarization Period:

2 Weeks

Non-Compete:

3 Years, 3 Miles

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Agreement and get started!

Turn-Key Neighborhood Restaurant and Sports Bar

Listing #: BBF-4110-00138

Contact Us About This Listing:

Description:

Assets & Liabilities:

Lease Information:

Additional Information:

If you are visiting this site to sign the petition in regard to getting the

Payroll Protection Program (PPP) automatically forgiven

for small business owners that received less than $150,000:

CLICK HERE

If you would like to learn more about this petition and what is going on with PPP loans and the sale of businesses,

please click here.

This petition was created by the help of Deborah A. Carman, Esquire with Carman Law Firm, P.A., pro bono. To visit her site,

please click here.

Steve Mariani, from Diamond Financial Services, also helped create this petition, pro bono. To visit his website,

please click here.

Thank you for your support.

Sincerely, Jim Parker

Sincerely,
Jim Parker