Business for Sale Overview:
This is a very popular sports bar and grill on the busiest thoroughfares in the Tampa Bay area. Strong annualized Gross Revenues for 2009 are $920,550. The restaurant offers a wide selection of Latin and American cuisine to accommodate all customers. The restaurant is the local place to hang out for area residents providing sporting events, a variety of nightlife entertainment, and excellent food and drinks. All sporting events are shown on over 30 High-Definition TV’s NFL, NBA, MBL package and more are available for watching, both inside and on the patio, and is a Wi-Fi Hotspot as well. Happy Hour specials are offered during the week until 7:00pm. Live entertainment, parties, DJ, dancing and events are held every month posted on the restaurants state-of-the-art website that drives traffic to the restaurant. The bar and grill is known for its fun party atmosphere that includes Pool Tables, Dart Boards, Video Games, Beer Pong, Wi-Fi and more. The restaurant utilizes web 2.0 marketing strategies taking advantage of Social Media advertising through Twitter, Facebook, and MySpace keeping customers informed of nightly events and entertainment. Due to theft and bad management the owner has not realized the full earnings potential of the business. This is a golden opportunity for an experienced Sports Bar operator who is willing to train and develop employees, establish loss prevention systems and hire new management for the business could realize greater earnings that are already available in the business.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The restaurant operates out of a free-standing building owned by the owner with outside seating. The business has been at the same location for 0ver 20 years and under current owner since 2008. Total square footage including patios is 9,600 square feet 8,899 square feet inside. Real Estate is available for purchase in addition to the business -$2,105,000.
Market Competition and Expansion:
The business has great promotions and events every month. Social media advertising on Twitter, Facebook, and My Space keep fans and followers up to date on nightly events and venues. Happy hour, Free PPV events – UFC, Cinco De Mayo, St. Patrick’s Day etc. keep the customers returning. There is always a fun party atmosphere at the restaurant.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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