48 Yrs Neighborhood Sports Bar w Absentee Owner

Not Disclosed, FL
Palm Beach County

Palm Beach County


Asking Price: Annual Revenue:
$335,000 $264,778

Food & Beverage: Bars, Clubs, Nightspots


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RE: 48 Yrs Neighborhood Sports Bar w Absentee Owner Broker: Seller of Business

Quick Facts

Asking Price: $335,000
Annual Revenue: $264,778
Net Profit: $70,678
Cash Flow: $70,678
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 1972
Employees: 5
BBN Listing #: 560129831
Broker Reference #: Not Disclosed

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Business Overview:

48 Years established neighborhood sports bar with an absentee owner who is retiring. Located on an extremely busy main thoroughfare just off the turnpike in dense urban/commercial area of Palm Beach County. Bar hosts frequent pool tournaments with its three pool tables and has big crowds for sporting events (five large screen televisions). Bar has 1,800 square feet (allowable seating of 75) and rent of $4700/month with long term lease in place. Five bartenders rotate shifts. Owner only there 1-2 day per week to do general supervision. New owner can substantially increase profits by being more active. Full 4COP liquor license also included. Hours are 7am-5am 6 days per week (12pm-5am Sunday). Please contact Martin Berliant for more information. Non-disclosure form is required. Please use email reply button of this ad to contact us.

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Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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