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Sports Bar with 2 Outdoor Seating Areas

Lee County, Florida

Asking Price: Gross: Cash Flow:
$150,000 Undisclosed Undisclosed

Furniture and Fixtures Value:
$200,000 (included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
OPPORTUNITY AWAITS!!!!!!! SBA pre-approved as an asset sale.Seating for 219 patrons which includes 2 outdoor covered patio areas. This Sports Bar & Grill is located in a high traffic shopping center in one of Sarasota's premier residential areas. The location features 18 tap beers and full alcohol. Full menu from appetizers, sandwiches, meals, and catering. Featured daily is an all-day happy hour. Solid and long-term key staff in place including a manager, cooks, and bartenders. There are 18 TVs throughout the location. Location is turning a profit but is being sold as an asset sale. The mall is under new ownership with many new plans and this is the only restaurant. Please refer to listing #3353-191498, Agent Joseph Nicolini when inquiring about this listing. Thank you!

 
   
   
Year Business was Established: 2014
   
Number of Employees: 4 FT / 4 PT / 1 Mgr  
   
Facilities / Terms of Lease: Type of Location: Mall Center Monthly Rent $6,800.00 Square Units (Foot, Meter) 3,333 Lease Expiration Date: July 22, 2023, 9:00:00 PM sTerms Options: open  
   
Potential Growth/Expansion: Potential Growth: SEO of website, local advertisement  
   
Competition: Non Compete: Miles: 20 Years: 3 Weeks  
   
Owner willing to finance: Other Financing Amount $120,000.00 Other Financing Interest 6% Other Financing Term Months 120 Other Financing Monthly Payment $1,520.09  
   
Owner willing to train: Will train for 2 weeks @ $0 cost.  
   
Reason for selling: Retiring  
 

 

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