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Seller Contact Information |
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Karl Buhl
Tampa, Florida
Office: (813) 258-9353
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Family Sports Bar | Listing ID: 20586 |
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| Asking Price: |
$395,000 |
Status: |
Active |
| Business Type: |
Food and Beverage Businesses | Entertainment and Leisure - Bar, Tavern, Night Club |
Reference #: |
86900062 |
| Business Location: |
1105 Taylor Street, Punta Gorda, Florida, 33950 |
Broker Coop: |
Yes |
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Charlotte County |
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| Photos |
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Annual Income Information |
Labor Information |
| Gross Sales: |
$791,344 |
Full-Time Employee: |
20 |
| Cash Flow: |
$240,587 |
Part-Time Employee: |
3 |
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Business Detail Information |
Lease Information |
| Form of Ownership: |
S Corporation |
Leased SqFt: |
3,080 SF |
| Year Established: |
2007 |
Rent /Month (Include NNN): |
$5,616 |
| Accounting Info(years): |
2 |
Lease Exp.Date: |
6/30/2012 |
| Franchise: |
Yes |
Original Lease (# of yrs): |
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| Liquor License: |
Yes |
Lease Left (# of yrs): |
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| Seating Available(#): |
182 |
Lease Option (# of yrs): |
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| Parking Space(#): |
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Lease Renewable: |
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| Hours of Operation: |
11am to midnight |
Lease Transferable: |
Yes |
| Reason For Sale: |
focus on other restaurants |
Rent Increase: |
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| Seller Training Available: |
Yes (one week + franchise) |
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Price Description |
Financial Information |
| Real Estate Included: |
No |
Seller Cash Out: |
Yes |
| Real Estate Value: |
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Seller Financing Available: |
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| Fixture & Equipment Included: |
Yes |
Seller Financing Amount: |
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| Fixture & Equipment Value: |
$101,000 |
Seller Financing Term(years): |
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| Inventory Included: |
No |
Annual Interest Rate: |
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| Inventory Value: |
$2,000 |
Min. Down Requested: |
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Business Description |
Turnkey operation for someone who enjoys sports, people, and community involvement. Beef O' Bradys has 257 locations in 23 states across the Southeast and Midwest. Great location with schools and recreational facilities close by. 2008 remodel included new flat screen HDTV's and upgraded kitchen equipment. Seating capacity is 182. Restaurant has been inspected an approved for a 4COP license by the State of Florida and Franchise. Additional training is required by the Franchise. 2009 financials are Jan thru Aug. 2008 financials Aug-Dec 08. Financials assume owner/operator with 1 assistant manager. |
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