Sports Bar & Steak Restaurant

Not Disclosed, FL
Polk County

Asking Price: Annual Revenue:
$1,150,000 $2,035,502

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Sports Bar & Steak Restaurant Broker: Dan Gore

Quick Facts

Asking Price: $1,150,000
Annual Revenue: $2,035,502
Net Profit: Not Disclosed
Cash Flow: $346,188
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: $1,100,000
Year Established: 2006
Employees: 39
BBN Listing #: 53024955
Broker Reference #: 1033-14432

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Business Overview:

FREE Restaurant if you buy the Real Estate. 12 yr. Sports Bar/Restaurant Real Estate in Winter Haven FL area. Never done less than $2M gross/yr. for dinner thru '19. Could add breakfast/lunch. Often absent owner slacked off in '18. 35 employees, 220 seats/110 parking spots, 1.5 acres, 6,000 sq. ft. inside. 4 CRX liquor. Camera system, computers, over half million in FF&E & building new upgrades. Many staff employed 5-9 yrs. Great area reputation - Fun, Family, Food. $115K down. Loan only applies to a buyer who brings extra cash-flow of their own to fund $8K per month debt service. Call broker for all the details.

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Property Features and Assets:

Real Estate is included in this sale. Total Assets; $ 1,712,000.

Market Competition and Expansion:

No real competition in the area comes close.

Reason for Selling:

Please ask broker.

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.

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