Eight Year Old Tavern and Grill

Bradenton, FL (Manatee County)

Eight Year Old Tavern and Grill
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Asking Price: $325,000

Cash Flow: $170,000

Gross Revenue: $1,088,239

EBITDA: N/A

FF&E: $85,110

Inventory: $10,500*

Rent: $7,849 /Month

Established: 2007

*not included in asking price.

Eight Year Old Tavern and Grill

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Business Description

Eight-year-old Tap and Grill located in a center anchored by major chain grocery. Indoor and outdoor seating, ample parking with kitchen managers in place. A very popular hangout for locals and lunch spot for neighboring businesses. Weekly music entertainment and trivia night. Cash flow exceeds $100,000 annually. Non Disclosure Agreement and Financial Statement required before any financial information released.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,800
Lease Expiration:
8/1/2022
Employees:
6 FT 15 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Seating for 150 inside with separate bar and dining area. Outside seating in addition to inside.
Competition:
Only Tap and Grill in Center. A similar facility being developed within one mile. Located in one of the fastest growing residential and commercial areas in Bradenton. 1,000 apartments within 3 miles.
Growth & Expansion:
Owner operator with the elimination of a manager could increase cash flow.
Support & Training:
Two weeks at no cost to buyer.
Reason for Selling:
Relocation
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(from currently available funds)
 
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Kenneth Swan

Business Listed By:
Kenneth Swan

Wagner Realty, Business Brokerage Group

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