Seller's Contact Information
- RE: Two Separate Bars Orange Co 4COP Liquor License
- Contact: Carey Sobel
Quick Facts
| Asking Price: | $1,300,000 | |
| Annual Revenue: | $1,942,541 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $413,680 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 200,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2010 | |
| Employees: | 20 | |
| BBN Listing #: | 902135435 | |
| Broker Reference #: | 4110-00277 |
Business Overview:
Two Central Florida Hot Spots Only $143k Down for Qualified Buyer
A truly unique opportunity to acquire two separate bars in a high-traffic metro location that are connected physically and operationally, but have their own distinct identities and brands.
The concepts interiors have undergone renovations and are popular among both daytime and nighttime customers. One serves as a power lunch spot for local professionals and transforms into a sports bar at night.
The two bars have separate kitchens and equipment, but currently share one kitchen and offer food from a partnered company who plans to leave when the bars are sold. Previously, the bars had their own food operations with different menus, and the new buyer will have the option to continue with either option.
The bars have plenty of FF E, from a newer POS System (POS One) to large flatscreen TVs to bar refrigeration equipment and smallwares. An incoming Buyer will assume (or potentially can request a new) long-term lease in the historic building which is in the heart of the city.
A 4 COP Liquor License valued at $800,000 is included in the offering price. The long term lease paired with the strong staff and management in place should ensure continuity.
S B A Lender Pre Qualified
Loan Term...................................10 Years Fully Amortized
Rate ...................................P 2.75 % (10.75% present rate)
Monthly Loan Payment........................................$17,560.42
Buyer Down Payment: $143,000
*Small Business Administration financing is subject to the qualification of individual Buyers. This business has not directly been reviewed by the S B A.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Reason for Selling:
Consolidation, Other Business Interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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