This
is an established family oriented sports bar and restaurant. It is currently
a franchised operation, but new owner may choose to change name and become
an independent business. This is a very nice facility located in a fairly
large, busy strip mall anchored by Publix and Blockbuster Video. The
business currently has an “absentee owner”.
General Information
Year Established: 2005
Employees: 4ft -35 pt. Three in front and one
in kitchen.
Facilities:
It
includes about 3,700 square feet of inside seating for about 150 people and
about 600 square feet of outside seating for about 50 people. It has a great
“sports bar” theme and includes over 20 TV’s. Has full commercial kitchen.
Market Outlook
Competition:
No
nearby competition with a sports bar theme.
Growth and Expansion:
The
restaurant/bar will add liquor to its beer and wine menu starting in
November. This is expected to increase profits by as much as $2 - $ 3,000
per month. Friday and Saturday hours will likely be increased to stay open
later. An active owner would make a big impact on the growth of the business
About the Sale
Financing:
Some
Seller Financing may be possible for the right buyer. An assumable SBA loan
for qualified buyer. Deal
structure, terms, and conditions are negotiable.
Support / Training:
If
you maintain the business as a franchise, you will be required to complete
the franchise training program. If you choose to rename the company, the
current owners will provide complete training and transition as needed.
Reason For Sale:
Owner is an ex pro-athlete and has decided that he wants to devote full time
to teaching and coaching.