Tampa, FL 33647
Mobile: (813) 400-3030 Fax: (813) 862-2725 Email Vincenzo

SOLD! Sports Bar Tampa Overlook (Tampa, Florida, US - 33602) Built

SOLD $199,000 USD
Sports Bar Net $90k

Transworld Business Advisers 813-400-3030

Vincenzo LoCricchio P.A. CBI/BCI Vincenzo LoCricchio P.A. CBI/BCI (813) 400-3030 (Office) (813) 400-3030 (Cell) (813) 862-2725 (Fax) Request More Info

  • Only open 7 hrs a day
  • Type: Commercial
  • Style: Commercial "Sports Bar for sale Business Only"
  • Size: 3,552 sq. ft.
  • Development Level: Built
  • Lot Type: Rectangular
  • Year Built: 1995
  • MLS #: BBF8783772

Description

Sports Bar Downtown net $90k only open 7 hrs a day!

Financial Information
Asking: $199,000
Gross: $370,524
Cash Flow: $92,608
Furniture, Fixtures & Equipment: $50,000
Inventory: $3,000 (not included in price)
Financing: Seller will carry $74k for 5 yrs @ 7% to qualified buyer
Busy Sports Bar with Very Short hours 11am to 6pm. Set up like a national chain, easy to run, simple menu. Great lease and in the middle of all the new developments downtown. There is so much potential for catering, expanded hours, delivery ect.
Facilities: Looks like a national chain, prime downtown location.
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 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: 14

Attachments

P2#747781
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The seller provides all data and financial information on the businesses or commercial property for sale for informational purposes only. The broker does not warrant the information and implores the buyer to seek the professional advice of a CPA and an Attorney of their choosing when purchasing any business or property. This offering by the seller is subject to change or withdrawal without notice.