Popular Restaurant/Bar-Great Menu & Loyal Clients

Not Disclosed, FL
Lee County


Asking Price: Annual Revenue:
$1,100,000 $2,288,237

Food & Beverage: Bars, Clubs, Nightspots


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RE: Popular Restaurant/Bar-Great Menu & Loyal Clients Broker: Eric J. Gall
License #: BK3217067
Owner Financing is Available!
Based on buyer financial strength and experience.

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $2,288,237
Net Profit: Not Disclosed
Cash Flow: $314,978
Total Debt: Not Disclosed
FF&E: $130,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 31
BBN Listing #: 714256894
Broker Reference #: 964-20007

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Business Overview:

Bar/restaurant combination that acts and feels like a bar, but the food menu is so good it tilts the mix to 55/45 food/alcohol. Two separate under air dining/bar areas as well as two patios.  Great opportunity for someone to buy a turn-key business grossing over $2 Million. Note:  Past SDE numbers have been in the mid-300K's.  2019 was lower due to the health and opening of other businesses. Numbers shown are four-year average. Strong numbers through COVID-19 pandemic. 2020 tracking back 2016-2018 numbers.

Watch a short video about this business: https://youtu.be/nb1RmKXn-wM

Brokers: 50/50 co-broke with BBF and AFLBB members as well as IBBA CBIs. All others shall be on a referral basis only.

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Property Features and Assets:

3,360 Square Feet in base facility with the majority under air and an outside patio. An additional space was added next door with additional under air space and patio. Total square footage is estimated at about 5,000 Square Feet.

Market Competition and Expansion:

Growth Opportunities: Increase Advertising Add Specials Add Full Liquor License Increase Entertainment More Active Participation in Events

Reason for Selling:

Health

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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