Sports Bar for Sale in Broward County - Sales in Excess of $2 Million
South Florida Restaurant and Sports Bar for Sale has it all – High Sales, Great Location, Long-term Lease. Sales of over $2 Million!This restaurant and sports bar for sale is located in one of the Broward County’s premier shopping centers. The 230,000 SF center is home to more than 15 eateries, 35 boutique and retail shops, an office building, and a movie theater. The three mile radius population is in excess of 115,000 residents, but this center attracts customers from more than 25 miles away due to its diverse dining, shopping and entertainment offerings.
The owner of this restaurant and sports bar for sale offered by the restaurant brokers lives out of state and is not involved in the operation on a day to day basis. The seller has owned this successful operation since 2009 and is selling to concentrate on other business interests. The business is self-sufficient and is currently running with a general manager, assistant manager and kitchen manager in place. Gross sales have consistently topped $2,000.000 and an active owner operator can certainly improve on that. In 2016 the owner’s benefits were greater than $120,000.
The Sports Bar for sale has a diverse menu that will satisfy your guests at lunch, dinner, late night, and happy hour. Menu offerings include standard bar items such as wings, fried calamari, and cheese sticks, but also offers so much more. Diners can choose from main course items that include Seafood, Chicken, Steaks and Ribs. Burgers, Sandwiches, Salads, and Desserts are also offered. The sports bar sells its beer, wine, and liquor under a 4COP SRX license which only costs $1,800 per year. The drink menu features many classic and specialty cocktails, wine, and more than 25 different beers. All menus and recipes will transfer with sale and the dedicated staff will remain in place.
The sports bar for sale is 5,796 square feet inside and seats 206 guests. The outdoor patio is very popular and seats 40 guests. The favorable lease expires in October of 2018 and there are three (3) five (5) year options attached. The monthly rent of $20,709 includes all CAMS and taxes.
If you wish to obtain additional information on this listing please contact your Certified Restaurant Broker, Ken Eisenband, at 561-350-3365.
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- Listing#: 5510
- Price: $350000
- Location: Coconut Creek
Lease Term: Expires October 31, 2018 with 3 five year options
Monthly Rent: $20709
Indoor Seating: 206
Inside Sq. Ft: 5796
Hood System: Yes
Neighboring Businesses: National and Local Restaurants and Retail, Movie Theater
Hours Open: Sunday thru Wednesday 11am - 1am, Thursday thru Saturday 11am - 2am
# of Part-Time Employees: 20
# of Full-Time Employees: 15
Net Sales: $2085158.00
Owner Benefit: $120754
- Sports Bar for Sale in Broward County, Florida
- Gross Sales in excess $2,000,000 with more than $125,000 in Owner's Benefit
- 4COP SRX License (full liquor, beer, and wine) in place
- Seller Lives Out of State and Restaurant is fully staffed and self sufficient
- Premier Shopping Center attracts customers from more than 25 miles away
- More than 15 eateries, 35 retail stores, office building and movie theater
- All Menus and Recipes will transfer with Sale
- Sports Bar for Sale