Florida Business Brokers (813) 862-2712 Florida Business Sales / Business Valuations / Franchise Re-Sales

Tampa Overlook (Tampa, Florida, US - 33602)
SOLD  $129,000 USD Sports Bar Downtown


Attachments


Sold
"Established Sports Bar Downtown $75k Dn"
 

Enterprise Brokers, Inc.


Vincenzo LoCricchio
 
Vincenzo LoCricchio
Email Vincenzo
 
Phone: (813) 862-2712
Cell: (813) 690-0109
Fax: (813) 862-2725
 
Details

Address: Sports Bar Downtown Type: Commercial Style: Business Only Size: 2,854 sq. ft. "$3552 Total Rent" Lot Type: Rectangular MLS®: BBF8783773
 
Description

Sports Bar Downtown open 7 hrs a day!

Financial Information
Asking: $129,000
Gross: $295,000
Cash Flow: $80,000
Furniture, Fixtures & Equipment: $50,000
Inventory: $3,000 (not included in price)


Data SourceOwner Estimate
Year (Cash Flow)2007 (N)
Gross Revenue295,000
Cost of Goods95,000
Gross Profit200,000
Expenses120,000
Owner Benefit80,000

Busy Sports Bar with Very Short hours 11am to 6pm. Set up like a national chain, easy to run, simple menu. Beer and Wine License. Great lease and in the middle of all the new developments downtown. There is so much potential for catering, expanded hours, delivery ect.
Facilities: 2854 Sq Ft. Looks like a national chain, prime downtown location. Total rent is $3552.
Competition: Downtown location with thousands of office workers with one minute walk.
Growth and Expansion: Hours could be expanded beyond the current 11:00 am to 6:00 pm Monday / Thursday and 11:00 am to 8:00 pm Friday and 11:00 am to 4:00 pm Saturday. Catering could be pursued as the kitchen is not used in the mornings.
Support/Training: Simple menu, seller will train for 2 weeks at zero cost
Reason Selling: Family
Year Established: 1991 Employees: 11
 
P2#1365144

Information is deemed to be correct but not guaranteed.


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