Very Successful Sports Bar and Restaurant

Not Disclosed, FL
St. Johns County


Asking Price: Annual Revenue:
$685,000 $1,085,349

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Very Successful Sports Bar and Restaurant Broker: Dan Tomlin
Owner Financing is Available!
Loan/Seller - Amount: $60,000; Months: 60; Rate: 3.00% Monthly Payment: $1,078.12

Quick Facts

Asking Price: $685,000
Annual Revenue: $1,085,349
Net Profit: Not Disclosed
Cash Flow: $397,953
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 27
BBN Listing #: 778718747
Broker Reference #: 7101228268

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Business Overview:

Here is a rare opportunity to own a wildly popular and extremely successful Family owned Sports Bar & Restaurant with live music and a prime location in the heart of the Fastest Growing and most desired county in all of Florida. Local market is super strong barley affected by COVID - Owner Just learned that Take Out Orders & to-go-beer is a big deal! 15 years in same location with over 5,000 square feet of inside Bar and Restaurant area with live music and strong local following, there is nothing else like it. Boomer & GEN-X Crowds spending money nightly! Normally owner is Absentee other than visits and networking; however, 30 hour weeks with Covid. Manager runs the business like it's their own and top quality and fun staff - every night is a party! Special Note: This is not a small bar and always has over 51% food and 250 seats so does not require a 4COP License. Owner never thought to Sell this license separately and change to the more common SRX license. PRICE IS FOR QUICK SALE! Please refer to listing number 7101-228268 and advisor Dan Tomlin when inquiring on this listing.

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Reason for Selling:

Relocating

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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