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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