Business For Sale

Sports Bar & Steak Restaurant

Not Disclosed, FL
Polk County

Asking Price: Annual Revenue:
$1,600,000 $3,036,118

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Sports Bar & Steak Restaurant Broker: Dan Gore

Quick Facts

Asking Price: $1,600,000
Annual Revenue: $3,036,118
Net Profit: Not Disclosed
Cash Flow: $519,647
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 39
BBN Listing #: 53024955
Broker Reference #: 1033-14432

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Business Overview:

Amazing "Quick Sale" of fun 12 year old Sports Bar/Restaurant including Real Estate in Lakeland FL area. Dinner only usually does around $3M gross sales & $480K on tax returns. Can keep as a Franchise or change it. Often fills 220 seats/110 parking spots nightly. 4 CRX liquor. Lender in place. Camera system, computers, half million in FF&E and upgrades included. Many employees been there 5-9 yrs. $75 to $85K/per week in season & $50-$55K/week out of season. Great area reputation - Fun, Family, Food. Receive $500K cash bonus after purchase!! Buyer should provide resume' & financial statement.

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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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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