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Popular Restaurant Bar Great Menu And Loyal Clients For Sale

Lee County, Florida, US
Asking Price:
$850,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,288,237
Cash Flow:
$314,978

Bar/restaurant combination that acts and feels like a bar, but the food menu is so good it tilts the mix to 55/45 food/alcohol. Two separate under-air dining/bar areas as well as two patios.  Great opportunity for someone to buy a turn-key business grossing over $2 Million. Note:  Past SDE numbers have been in the mid-300K's.  2019 was lower due to the health and opening of other businesses. The numbers shown are the four-year average. Strong numbers through COVID-19 pandemic. 2020 tracking back to 2016-2018 numbers.

Property Information

Real Estate:

Lease

Leasehold Rent:

$4,794 per annum

Location:

On busy main road.

Premises Details:

3,360 square feet in the base facility with the majority under-air and an outside patio. Additional space was added next door with additional under-air space and patio. Total square footage is estimated at about 5,000 square feet.

Size in square feet:
3,360

Business Operation

Expansion Potential:

- Increase Advertising
- Add Specials
- Add Full Liquor License
- Increase Entertainment
- More Active Participation in Events

Competition / Market:

Outlined in Confidential Business Review

Reasons for selling:

Health

Employees:
31
Years established:
2012

Other Information

Support & training:

Two weeks of transition assistance at no charge.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Based on buyer financial strength and experience.

Furniture / Fixtures value:
$130,000 - included in the asking price
Inventory / Stock value:
$3,000 - included in the asking price

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