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Bar & Grill For Sale
Location: United States -> Florida -> Tampa Bay
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

This is an impressive and very popular Sports Bay with a great following. This is truly a legacy business. They offer excellent food, and operate a fun and lively bar with plenty of big screen TVs to support their strong sports connection. They offer live entertainment many evenings. They stay very connected to their community and participate in charity events.

This business stands out from most bars and restaurants in another way. This business has excellent books and records supporting their representation. All reported earnings for this listing are supported with financial statements and conform to the taxes they have submitted to the IRS. Although Seller's taxes will be reserved for viewing upon post-contractual due diligence, if you make an accepted written offer, you will have access to copies of Seller's business taxes for 2008, 2009, & 2010 to further verify the veracity of this business' earnings.

Note: Although certain amounts of cash are typically not reported in many bar and restaurant businesses, all financials here are represented in the records. No representation of any cash that is not record has been made or is implied.

This is a fun and exciting environment. They have live music and plenty of celebrations and events that their customers have come to expect.

Additionally, it has great systems and processes in place. Although any business can be improved, this business offers you a smooth running operation to build upon. Staff is well trained, food costs are in line, and the business runs very well on a day to day basis.

It offers great value in the build out, fixtures and equipment. One would be hard pressed to open up a bar and restaurant of this magnitude for the price that is being offered for. Also included in this business is the liquor license necessary to legally run and operate this business.

Contact for more information on this bar and grill for sale.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,141,052
Cash Flow:   $146,017
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $300,000
Seller Financing:  Yes

About The Business

Year Established:  2007
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Two weeks familiarization.
Reason For Selling:  Consolidation.

Photos

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Bar & Grill For Sale Photo 1




Print Listing Id: 700149270
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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