Popular Sports Bar & Restaurant

FL

Popular Sports Bar & Restaurant
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Asking Price: $850,000

Cash Flow: $310,570

Gross Revenue: $1,845,046

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Popular Sports Bar & Restaurant

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Business Description

Location! Location! Location!

Business Price: $850,000
2018 Revenue: $1,845,046
2018 Operating Profit: $310,570

Summary Description: This bar and restaurant is well established with superior management in place allowing the owner to be mostly absentee. Its inviting warm, friendly ambiance attracts repeat and new customers. The menu offers popular choices at affordable prices.

The restaurant sees year over year growth. The revenue compound annual growth rate (CAGR) for the past three years (2016-2018) is approximately 8.5%; operating profit CAGR for the same period is approximately 9.5%.

Qualified buyers with restaurant experience preferred.

Detailed Information

Employees:
15
Facilities:
Location! Location! Provides for a desirable and highly visible gathering place in an attractive area.
Growth & Expansion:
The Restaurant has had 10 years of year over year growth even through the recession.
Support & Training:
Will be provided by the seller.
Reason for Selling:
To spend more time with family.
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Contact the Seller

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Bill Gibson

Business Listed By:
Bill Gibson

Gibson and Associates, Inc.

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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. 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. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers.

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