#0247-Top-Ranked Restaurant/Bar Grossing Nearly $1.5 Million Year

Hillsborough County, FL

SBA and Visa Likely
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Asking Price: $550,000

Cash Flow: $185,200

Gross Revenue: $1,412,866

EBITDA: $135,200

FF&E: $50,000

Inventory: $11,000*

Rent: $7,807 /Month

Established: 2014

*not included in asking price.

#0247-Top-Ranked Restaurant/Bar Grossing Nearly $1.5 Million Year

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Business Description

Popular Fun Restaurant & Bar – Real Records – SBA & Visa Likely

With sales of nearly $1.5Million a year, this place is a local favorite!

The creator of this business is highly experienced and professional. The owner has put in place lots of great systems that have led to its continuing success. This business is much like a franchise but without the fees and limitations.

Great income. Great records. All equipment is in place. Very likely to get SBA financing for a qualified individual with the ability to run a very successful restaurant of this caliber. Everything is in place for you to succeed!

If you are coming from another country, this is one of the few opportunities that offers excellent records and has a staff already in place. It should satisfy US Embassy requirements for Visa approval – of course, subject to their review and final authorization. This business is an exciting opportunity and won’t last long.

Highly confidential – per Seller’s request, we will need signed NDA, Picture ID, and Proof of Funds before sharing more information.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,338
Lease Expiration:
3/31/2029
Employees:
16
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Situated in Eastern Hillsborough County, this fantastic opportunity is in a standalone building boasting over 4,500 sq ft with both indoor and outdoor seating. There is a full kitchen that is beautifully furnished, plenty of parking, easy access to the business from a well-traveled highway, and highly visible signage. These benefits combine to entice passing customers to patronize this exciting business.
Competition:
Competition is fairly typical for this market. Located in a fast growing community, customers enjoy this restaurant and bar because of its great food, fun environment, and fabulous entertainment. They have a robust website and social media presence and have highly positive reviews on various web review sites and social media.
Support & Training:
Two weeks included in asking price.
Reason for Selling:
Owner moving to new business opportunities
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Contact the Seller

(from currently available funds)
 
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Brian Stephens

Business Listed By:
Brian Stephens

Legacy Venture Group & BuyBIzUSA

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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