Over $3MM in sales for this newer $750,000 build out with all modern updates in a prime Southwest Florida high growth location. This Restaurant and Bar for Sale are beautifully built out and yields high earnings for a semi-absentee owner. Sales are trending up and continue to be very strong at this American Bar and Restaurant.
A long-term lease is in place on this Bar for Sale
and there are good books and records to verify the earnings and owner benefit of $375K. Rent expense for 2021 under 6% of gross sales. This area continues to see very fast growth and development much like most of Florida.
This Bar for Sale by We Sell Restaurants
has a fully built out bar which compliments the large capacity dining room with plenty of large, mounted and hung TVs to enjoy while waiting for a table. Comfortable for having a drink, watching the game or enjoying a meal. 4COP SRX license leased through the state annually and transferable to qualified new owner. Margins on craft cocktails are in line and the bartenders can get creative with their offerings in this bar and restaurant.
Managers and most staff are in place however a new owner operator could earn even more by running the day-to-day operations on their own. One of the most highly acclaimed family friendly, casual dining restaurants in the area widely recognized for its unique menu creations on a national level. A welcoming, and caring hospitality environment from the time one enters the front doors coupled with consistently executed scratch kitchen food keeps the customers pleased and coming back. Consistently receiving 4- and 5-star reviews across multiple social media platforms, this is not a rebuild. It is cranking and has room from growth.
Highly confidential listing package will only be released to qualified Buyers after an executed Confidentiality Agreement and showing Proof of Funds. Current owner will allow continued use of partial menu and name with a licensing agreement.
This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval.
The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios.
The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise.
The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.
Please click on the tab below to easily acknowledge confidentiality on this . For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker David Whitcomb at (239) 300-5041
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