THIS IS A STEAL! Well known Sports Bar/Restaurant Full Liquor

Hillsborough County, FL

Seller Financing Available
THIS IS A STEAL! Well known Sports Bar/Restaurant Full Liquor
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Asking Price: $299,000

Cash Flow: $195,000

Gross Revenue: $1,300,000

EBITDA: N/A

FF&E: $150,000

Inventory: $20,000

Rent: $13,000 /Month

Established: 2018

THIS IS A STEAL! Well known Sports Bar/Restaurant Full Liquor

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Business Description

This well known Sports Bar/Restaurant is located in a PRIME LOCATION within a busy Mall with approximately 11 million visitors per year. Seating for 326 and full 4COP LIQUOR LICENSE AND FULL KITCHEN.

The EXCELLENT lease has 9 years remaining, and additional two 5 year options. All major fixtures & improvements totaling approximately $750,000. This restaurant is perfectly designed and professionally built. All the work has been done for you and all systems are in place. Seller spared no expense on this one however due to an unexpected illness, he MUST SELL TODAY! This is a STEAL at this LOW price.

All staff and General Manager are in Place. Owner cannot make the long drive anymore and is giving someone a great opportunity. This is a no brainer for any experienced bar or restaurant owner.

You can keep the franchise or change the name.

*** CALL GEORGE ANTONAKLAS TODAY 727-458-5565!!! ***

IMPORTANT NOTICE: This is an operating business being offered for sale "CONFIDENTIALLY". Interested parties MUST fill out a Confidentiality Agreement AND a financial statement before any specific information, such as name and location of the business will be shared. NO EXCEPTIONS!

Information contained herein has been obtained from the Owner of the Property or from sources deemed reliable. We have no reason to doubt its accuracy but make no warranty or representation. All information is submitted subject to errors, omissions, changes, withdrawal without notice and any special listing conditions of the Owner.

Detailed Information

Location:
Hillsborough County, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
7,200
Lease Expiration:
9/1/2038
Employees:
30
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Beautiful $750,000 buildout with equipment. All granite counter tops. 40 foot hood, 3 walk in coolers, 1 walk in freezer, 50 T.V.’s and 24 beer taps.
Competition:
Proven concept!
Growth & Expansion:
Keep the franchise name or make it your own.
Financing:
To a qualified buyer with $250,000 down, remainder over 24 months at 5% interest
Support & Training:
2 weeks at no cost
Reason for Selling:
Cannot make the drive any longer
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George Antonaklas

Business Listed By:
George Antonaklas

Realtec Business Brokers

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Sponsoring Broker:
Rick Gruber

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