Popular Sports Bar & Restaurant

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Location! Location! Location!
Asking Price:
$850,000

Gross Revenue:
$1,845,046
Cash Flow:
$310,570
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

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.

About the Business

Location:
Florida
Number of 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.
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About the Sale

Reason For Selling:
To spend more time with family.
Training/Support:
Will be provided by the seller.

Listing Info

ID:
1624087
Ad Detail Views:
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Business Listed by

Bill Gibson

Gibson and Associates, Inc.
License# BK3209752

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