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Return to the: Home or Businesses For Sale Page Today is:
 

Sports Bar & Restaurant - Absentee Owner
Business For Sale Listing Profile  
 

Quick Facts
Type: Established Business for sale
Category: Bar & Restaurant
Location: South East US
ID: 1731488
Financials
Asking: $479,000
FF&E (Included): $200,000
Inventory (Included): $2,000
Gross: $794,021
Cash Flow $32,000
  
Overview
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.
 

Contact AccuBrokers regarding this listing:
 
 

                 

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