Brand New $1.2M Sports bar Buildout for Just $265k

Not Disclosed, FL
Polk County

Asking Price: Annual Revenue:
$265,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Brand New $1.2M Sports bar Buildout for Just $265k Broker: H. JOE STRICKLAND
Owner Financing is Available!
Loan/Seller - Amt: 215,000 Mos: 12 Rate: 5.50 Mo Pmt: 18,454.91

Quick Facts

Asking Price: $265,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $400,000
Real Estate: Not Disclosed
Year Established: 2020
Employees: 18
BBN Listing #: 7930630
Broker Reference #: 2301970318

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Business Overview:

Seller Financing with just $50k down! Calling All Restaurateurs to this beautiful, brand new turnkey NBA Themed Sports Bar and Restaurant in South Lakeland for sale. The owner invested over $400,000 in the furniture fixtures & equipment and around $700,000 in leasehold improvements. Everything is brand new and waiting for you to uncap the full potential that this 5k+ sqft establishment has to offer. It is being offered at a mere fraction of the build-out for just $265,000. Must sign NDA for more info. Seller reserves the right to approve any purchaser in their sole discretion. Please refer to listing # 2301970318 and ask for Business Advisor H. JOE STRICKLAND when inquiring.

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Property Features and Assets:

Lease/Month: $8,504.17; Square Footage: 5,344; Building Type: Strip Center; Terms & Options: Two (2) five (5) year; Expiration Date: 7/31/2029.

Reason for Selling:

Operation challenges.

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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