Asking Price: $360,000 Gross Revenue: $1,256,712Cash Flow: $214,476 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $20,000 included in asking priceFF&E: $100,000 included in asking priceReal Estate: $500,000 not included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Busy Sports Pub / Restaurant for sale in North East Florida- Full bar with SRX Liquor License. Increasing sales. Owner spends 10-20 hours on business per week. 151 seats with Inside and outside seating. Ample onsite parking. Excellent FOH and kitchen managers in place. The Real Estate is also available for purchase. Contact Broker for Confidential Information Memorandum.
About the Business
Number of Employees:
6 FT/8 PT
Building Sq. Ft.:
The business is located in a stand-alone building with 4,600 square feet of space and 151 seats. There is also outdoor seating with 1,000 square feet of space. New roof, new AC and a new water softener were installed in late 2018. Parking is available for up to 100 cars. The property can be leased for $5,000/month or it can be purchased for an additional $500,000.
As with any restaurant/bar, there is always competition, but this business does have some distinct advantages over its competition.
Owner has limited time to spend on the business due to location.
Will train for 2 weeks @ $0 cost. This is a full-service Sports Pub serving fresh food and traditional bar food. Restaurant and business management experience will be helpful. There is a full bar, so a buyer must be able to qualify for Florida liquor license.
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the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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