Sports Bar and Grill - Fully Equipped

Palm Springs, FL
Palm Beach County


Asking Price: Annual Revenue:
$200,000 $600,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Sports Bar and Grill - Fully Equipped Broker: Ken Eisenband

Quick Facts

Asking Price: $200,000
Annual Revenue: $600,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2010
Employees: 12
BBN Listing #: 59918096
Broker Reference #: 9383

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Business Overview:

This Sports Bar and Grill for Sale in Palm Beach County, Florida is fully equipped and ready for a new owner. The seller owns the real estate and will entertain offers for you to purchase the land.

The Sports Bar and Grill for Sale that is for sale has been in operation since 2010 under continuous ownership. Locals flock to this location to watch the game on one of the ten televisions, listen to the live music, shoot pool, and enjoy a good meal prepared in the fully equipped commercial kitchen. The bar and grill has two adjacent rooms. The first is a dining room with a stage for live music and entertainment. This room has a mix of high top and low top tables and television spread out for the enjoyment of guests. The second room is home to the bar, two pool tables, televisions, and a few high-top tables. There is also a large outdoor area that is the perfect place to host outdoor events. The square footage of the space 3,434 and can hold up to 150 patrons. The restaurant owns the pool tables and has a 50/50 split on juke box and other games. The funds received from the pool tables and 50/50 split is approximately $8,000 - $10,000 per month. More than the rent.

The seller of this Sports Bar and Grill for Sale restaurant owns the real estate. He wants any new tenant to be successful. He will charge $4,000 plus sales tax per month in rent for the first year. The remainder of the lease is negotiable. This will be a NNN lease. If you wish to purchase the real estate along with the restaurant, that is possible. Total price for restaurant and real estate combined is $1,000,000. There is a second building on the real estate, this building has an apartment that is rented out and two other units that can be rented.

The fully equipped commercial kitchen in this Bar and Grill for Sale has it all. The exhaust hood is 20 feet in length, the grease trap in in the ground, and the equipment is plentiful. Under the exhaust hood sits two fryers, six-eye burner with oven, flat-top, double stacked pizza oven, convection oven, and a char-broiler. The refrigeration includes a walk-in cooler, sandwich coolers, freezer chests, and an ice machine. The bar equipment is extensive and includes a keg box, beverage coolers, speed wells, and much more.

The menu and recipes of this Bar and Grill for Sale will transfer with sale. The menu features Pizza, Chicken Wings, Ribs, Cheesesteaks, Burgers, Gyros, and other favorites. The seller offers two weeks of training with the sale.

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Property Features and Assets:

Dining Room 9 high top tables 6 low top tables 38 bar stools 38 chairs Bench seating Audio Visual system Stage 4 Television Bar 6 Television 2 Pool Tables 3 High top tables 5 Chairs 27 Bar stools small beverage cooler 2 ice well keg box with two heads and five taps Ice Bucket Beverage Cooler reach in Beverage cooler POS System Kitchen Dishwasher Speed rack Shelving 2 booster seats 3 Residential cooler 2 Fryer Six eye burner with oven Salamander Flat Top Char Broiler Double Stacked pizza oven Convection oven Three compartment sink 2 prep table Mega top sandwich cooler two door Table top steamer Sandwich cooler two door Microwave Assorted pots pan utensils 60 qt dough mixer freezer chest Walk in cooler Large freezer chest Outside Walk in picnic tables and benches 2 Television

Market Competition and Expansion:

Only full service bar in the area offering live music, pool, and ball games on television

Reason for Selling:

Relocation

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

Relevant Links:

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