Restaurant Sports Bar for Sale Lee County

Not Disclosed, FL
Lee County

Shopping Center with Publix Anchor

Asking Price: Annual Revenue:
$2,500,000 $5,500,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Restaurant Sports Bar for Sale Lee County Broker: Lino Galati

Quick Facts

Asking Price: $2,500,000
Annual Revenue: $5,500,000
Net Profit: Not Disclosed
Cash Flow: $867,524
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 77
BBN Listing #: 625932837
Broker Reference #: 95140029

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Business Overview:

Very well known, profitable and established Restaurant / Pizzeria and Sports Bar located in a Seller owned 14,000 Square Feet building. Licensed with full liquor license 4COP SRX (51/49). 2 bars, 40 tv's with all Sports channels, private room for any event, 290 + 90 seats. Live entertainment with bands. This restaurant is a landmark in the area. Note: by owner request, disclosures will be given only to a proven prequalified buyer after signing a Confidentiality Agreement as well as providing last updated bank personal financials statement and a professional background! Notes: 1) in the add backs: a) benefits is owner personal expenses b) depreciation includes amortization amount as well. c) other is the saving of two managers salaries replaced by husband and wife or by two working partners. 2) 2022 annual figures are calculated by projecting Aug./22 P & L figures. 3) lease monthly is the $13,500+ CAM, with option to buy, to be paid by the Buyers to the Seller/Landlord.

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Property Features and Assets:

Shopping center with Publix anchor

Reason for Selling:

Other Business Interests.

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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