Business Overview:
Income to Owner $254,549, after $8,000 per month triple net lease paid by new owner. Revenue $569,598 You can Buy this business for $415,000. Building is available for an additional $985,000 if the buyer prefers to own the building. Established for over 8 years, this is an outstanding business opportunity that is more than a restaurant/bar. The business offers the most exciting fun-filled entertainment venues in the area. If you have any interest in owning a bar/grill this is the opportunity of a lifetime for you. The bar is packed to capacity most weekends offering bikini contests, comedy club, karaoke. DJ’s, live entertainment and more attracting a wide range of age groups from throughout Central Florida. State-of-the-art systems, processes and equipment aid in high efficiency and productivity standards inclusive of a POS system and Ordix a highly advanced software system designed for the restaurant industry that allows for up to the minute reporting for sales and operations. The latest security equipment including cameras aid in loss prevention. (Operations can be viewed from any lap top at any time.) Food loss is kept to a minimum due to special nights offering crab legs, steak nights etc. spoilage is at a minimum. A highly trained professional friendly staff consisting of 12 bartenders, 2 cooks, 6 security personnel, 3 bar backs, and 2 DJ’s function as a team keeping the bar as a fun and exciting place to be on weeknights and weekends. Excellent advertising practices inclusive of Facebook, Twitter, a promotions company plus in-house flyers and more generate a large number of customers of all ages. The upside opportunity is tremendous for any buyer that is interested in Restaurant/Bar ownership.
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:
Assets
• The Purchase Price includes the following:
• FF&E: value is approximately $75,000. A complete FF&E list is available for a qualified buyer who has signed a confidentiality non-disclosure agreement with Tampa Advisory Partners.
• 4 COP Liquor License: valued at approximately $80,000
• Inventory: value of $20,000
Lease
• Seller owns the building and is offering an $8,000 per month triple net lease. (Income to owner of $254,549 is after lease payment as stated.) Building can also be purchased for $985,000.
Market Competition and Expansion:
• The business has a comprehensive aggressive marketing strategy. Advertising through a wide variety of mediums.
• Facebook is the number one advertising tool that will bring in anywhere from 300-400 customers on any given weekend through posting coupon specials and having the customers print and bring them in.
• An experienced professional promotions company aids in successfully promoting events throughout Central Florida.
• In-house promotions through flyers offer specials such as $1.00 tacos and $10.00 wing deals.
• A recent contest offering a 4 day 3 night cruise plus a free drink with each cruise entry has been a very successful campaign.
• Creativity and a fun-filled exciting atmosphere plus the strategic event planning and promotions have combined to build a highly successful business model that can be continued for the next owner.
Reason for Selling:
Other business
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: