Well Established Restaurant & Bar

Jacksonville, FL
Duval County

Asking Price: Annual Revenue:
$350,000 $1,060,077

Food & Beverage: Bars, Clubs, Nightspots

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RE: Well Established Restaurant & Bar Broker: Anthony John Rigney
License #: CQ1055334
Owner Financing is Available!
SBA Loan may be assumable

Quick Facts

Asking Price: $350,000
Annual Revenue: $1,060,077
Net Profit: $135,741
Cash Flow: $135,741
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 13
BBN Listing #: 867254044
Broker Reference #: 778-12005

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Business Overview:

A well-established family restaurant and sports bar located in a mature neighborhood of Jacksonville. This restaurant does a roaring dine in, take out and delivery business. With long time staff in place and loyal customers this represents a great opportunity for the next owner. Owners have updated furniture fixtures and equipment. Great lease in place and extensions available. With the pandemic receding business has returned to normal. Inventory included and seller will provide training.

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Property Features and Assets:

3,000 square feet or space located in residential area and near a major University.

Market Competition and Expansion:

Through 2 years fo the pandemic profits were hurt but still remained healthy. A roaring take out and delivery business helped keep it afloat. This year business is growing again as the pandemic recedes. This business has very little local competition.

Reason for Selling:

Discuss with Seller.

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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