$375,000 Owner Benefit - Restaurant and Bar

Not Disclosed, FL
Collier County


Asking Price: Annual Revenue:
$850,000 $3,082,032

Food & Beverage: Restaurants, Fast Food, Deli


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RE: $375,000 Owner Benefit - Restaurant and Bar Broker: David Whitcomb

Quick Facts

Asking Price: $850,000
Annual Revenue: $3,082,032
Net Profit: Not Disclosed
Cash Flow: $374,957
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2019
Employees: 23
BBN Listing #: 35068096
Broker Reference #: 8928

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Business Overview:

Over $3MM in sales for this newer $750,000 build out with all modern updates in a prime Southwest Florida high growth location. This Restaurant and Bar for Sale are beautifully built out and yields high earnings for a semi-absentee owner. Sales are trending up and continue to be very strong at this American Bar and Restaurant.

A long-term lease is in place on this Bar for Sale and there are good books and records to verify the earnings and owner benefit of $375,000. Rent expense for 2021 under 6% of gross sales. This area continues to see very fast growth and development much like most of Florida.

This Bar for Sale by We Sell Restaurants has a fully built out bar which compliments the large capacity dining room with plenty of large, mounted and hung TVs to enjoy while waiting for a table. Comfortable for having a drink, watching the game or enjoying a meal. 4COP SRX license leased through the state annually and transferable to qualified new owner. Margins on craft cocktails are in line and the bartenders can get creative with their offerings in this bar and restaurant.

Managers and most staff are in place however a new owner operator could earn even more by running the day-to-day operations on their own. One of the most highly acclaimed family friendly, casual dining restaurants in the area widely recognized for its unique menu creations on a national level. A welcoming, and caring hospitality environment from the time one enters the front doors coupled with consistently executed scratch kitchen food keeps the customers pleased and coming back. Consistently receiving 4- and 5-star reviews across multiple social media platforms, this is not a rebuild. It is cranking and has room from growth.

Highly confidential listing package will only be released to qualified Buyers after an executed Confidentiality Agreement and showing Proof of Funds. Current owner will allow continued use of partial menu and name with a licensing agreement.

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Property Features and Assets:

Range with oven flat top fryers tables and chairs bar tables and chairs mounted televisions small wares sandwich prep refrigeration reach in refrigeration walk in cooler 2 ice cream service freezers

Market Competition and Expansion:

Area still growing.

Reason for Selling:

Relocation

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.

Relevant Links:

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