Asset Sale with Million Plus Revenue

Brevard County, FL

Asset Sale with Million Plus Revenue
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Asking Price: $250,000

Cash Flow: $57,815

Gross Revenue: $1,061,936

EBITDA: N/A

FF&E: $310,756

Inventory: $10,000

Established: 2008

Asset Sale with Million Plus Revenue

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Business Description

Terrific opportunity to purchase turn-key family friendly sports bar and restaurant in Central Brevard. Everything is there, turn-key operation and full liquor bar and a great lease. Business currently does about one million plus a year. From permits, to build out, to ramping up of sales it’s all done. Inexperienced owner operators want to retire. This is the perfect opportunity for an experienced restaurant operator to guide the business to great profits and business value. It can cost between $800K and $1.2M to bring a business like this to market. At $250,000 it is a real bargain. Hurry.

Detailed Information

Location:
Brevard County, FL
Inventory:
Included in asking price
Employees:
2 FT/30 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3,600 sq ft facility, in strip center with grocery chain, Gym and dance studio. Excellent lease terms. Lease has $500 transfer fee.
Competition:
Normal competitive market. This business works hard to be involved with the local family sports market.
Growth & Expansion:
Restaurant is breaking even under the management of an industry inexperienced operator. Just revenue growth alone will move it into profitability.
Support & Training:
Will train for 2 weeks @ $0 cost. Business license. Experienced restaurant operator. $3,500 franchise transfer fee paid by buyer.
Reason for Selling:
Retirement.
Franchise:
This business is an established franchise
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Dan Carelli

Business Listed By:
Dan Carelli

Murphy Business & Financial

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