Sports Bar & Grill

Not Disclosed, FL
Sarasota County


Asking Price: Annual Revenue:
$249,000 Not Disclosed

Food & Beverage: Bars, Clubs, Nightspots


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RE: Sports Bar & Grill Broker: Joseph Nicolini
Owner Financing is Available!
Loan/Seller - Amt: $34,500 Mos: 60 Rate: 7.00 Mo Pmt: $683.14 + SBA Financing Available - Amt: $194,220 Mos: 120 Rate: 7.50 Mo Pmt: $2,305.43

Quick Facts

Asking Price: $249,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 14
BBN Listing #: 6043630
Broker Reference #: 3353345407

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Business Overview:

Sports Bar & Grill located in a mall atmosphere with their own entrances both inside and out. Location features 18 tap beers and full alcohol . Full menu from appetizers, sandwiches, meals and catering. Featured daily is an all-day happy hour. Solid and long term key staff in place including a manager, cooks and bartenders. Seating for 219 patrons which includes 2 outdoor covered patio areas. There are 18 TV's throughout the location. Location is turning a profit but is being sold as an asset sale. Mall is under new ownership with many new plans and this is the only restaurant. Lender Pre-Qualified! Please refer to listing #3353-345407, Agent Joseph Nicolini when inquiring about this listing. Thank you!

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Property Features and Assets:

Building Type: Mall Center Facilities: In addition to base rent there is a 10% fee on any sales over $450,000.00 Lease/Month: $6,800; Square Footage: 3,333; Building Type: Mall Center; Terms & Options: open. Expiration Date: 7/1/2023.

Market Competition and Expansion:

Competitive Overview: This establishment is the only restaurant and bar in the entire mall. Potential Growth: Website needs significant work and an advertising campaign throughout the large residential area surrounding it should increase business.

Reason for Selling:

Retiring

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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