Sports Bar & Steak Restaurant

Business
  • Listing# : 14432
  • Listed Price : $1,150,000
  • Total Sales : $2,035,502
  • SIC : 5812
  • Down Payment : $115,000
  • Status : Active
  • Discretionary Earnings : $346,188

Business Type :

Restaurants / Steak Restaurant; Liquor Related Biz / Bar/Restaurant

Business Description :

FREE Restaurant if you buy the Real Estate. 12 yr. Sports Bar/Restaurant Real Estate in Winter Haven FL area. Never done less than $2M gross/yr. for dinner thru '19. Could add breakfast/lunch. Often absent owner slacked off in '18. 35 employees, 220 seats/110 parking spots, 1.5 acres, 6,000 sq. ft. inside. 4 CRX liquor. Camera system, computers, over half million in FF&E & building new upgrades. Many staff employed 5-9 yrs. Great area reputation - Fun, Family, Food. $115K down. Loan only applies to a buyer who brings extra cash-flow of their own to fund $8K per month debt service. Call broker for all the details. 

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl : No
    • Real Estate $1,100,000
    • Incl : Yes
    • Inventory $12,000
    • Incl : Yes
    • Liabilities $30,000
    • Incl : Yes
    • FF&E $500,000
    • Incl : Yes
    • Other: $0
    • Incl : No
    • Leasehold $250,000
    • Incl : Yes
    • Total Assets $1,862,000
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Restaurants, Liquor Related Biz