Sports Bar - SOLD

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Asking Price:
$285,000

Gross Revenue:
$850,000
Cash Flow:
$92,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$9,000
not included in asking price

FF&E:
$200,000
included in asking price

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Business Description

SELLER FINANCING!! Not a franchise.Locally owned bar & grill has been a staple in Fort Walton Beach for over 20 years. This establishment specializes in high quality American food from juicy burgers , wings, pizza’s and their “True Philly Cheesesteak “. The location is family friendly and has a good size bar area with multiple high definition T.V.’s and one extremely large projection screen for the “BIG” games.
The bar & grill has always served cold beer and wine but as of this spring it has expanded to include a full bar with all your favorite mixed cocktails, this should be a tremendous revenue generator for years to come. A bar & grill like this doesn’t come along very often in this area so it won’t last long. This is a real deal!!

About the Business

Location:
Eglin Afb, Florida
Year Established:
2001
Number of Employees:
8
Real Estate:
Leased
Building Sq. Ft.:
4,500
Rent:
$3,600.00 Per Month
Facilities:
4500 sq. ft. located in a popular strip center on a major city road.
Market Outlook/
Competition:
There are other restaurants in the area but not like this place as it has been there for many years with a solid local following
Growth & Expansion:
This business physical foot print would allow it to grow to twice it income with the right owner/operator.
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About the Sale

Reason For Selling:
Seller is active military officer with new assignments that don't allow the time
Training/Support:
Seller will training buyer in all the aspects of the business operations
Seller Financing:
50% seller financing assistance for a qualified buyer

Listing Info

ID:
1497962
Ad Detail Views:
1296

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$
months
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Business Listed by

Travis Webb

Destin Business Brokers

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Sponsoring Broker:

Theodore M. Perkins, Jr.
Destin Business Brokers
License# CQ1043569


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