Sports Bar - Restaurant with great cash flow

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Asking Price:
$620,000

Gross Revenue:
$1,119,445
Cash Flow:
$351,282
EBITDA:
$351,282
Inventory:
$4,000
included in asking price

FF&E:
$150,000
included in asking price

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Business Description

Unique opportunity to own an excellent Restaurant and Sports Bar. Located in great location with little competition, this neighborhood restaurant attracts locals and others for well-known live music nights. Restaurant is serving one of the best pizzas in the area, including chicken wings, subs and a variety of salads. Sports enthusiasts as well as families enjoy the big TV screens and Pizza nights. The bar attracts Sports fans and regulars during football, golf season etc.. 14 year running, completely remodeled & all new A/C in 2016.

About the Business

Location:
St. Johns County, Florida
Year Established:
2005
Number of Employees:
20PT, 3FT
Real Estate:
Leased
Building Sq. Ft.:
5,160
Rent:
$8,380.00 Per Month
Lease Expiration:
1/1/2021
Facilities:
Strip Mall with great anchor location, Lease terms +5, +5years
Market Outlook/
Competition:
Excellent location with growing and new communities, unique neighborhood Restaurant & Bar with steady clientele
Growth & Expansion:
Area showing tremendous growth with new residential communities being built right now.
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About the Sale

Reason For Selling:
Moving up north for Family Health Reasons
Training/Support:
2 weeks

Listing Info

ID:
1621408
Ad Detail Views:
0

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Business Listed by

Beat Stauble

THE VENTURA GROUP OF FLORIDA, Inc.
License# B3109266

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U.S. Census Data for St. Johns County, FL
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for St. Johns County, FL
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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