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Businesses For Sale   >>   Tampa Businesses For Sale   

Bar & Grill For Sale

Location  Tampa Bay, Florida, United States
Asking Price Range  $250K - $500K
Gross Revenues  $1141052
Net Profit / Cash Flow  $146017
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2007
Number of Employees  10 - 19
Inventory  $300,000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  Two weeks familiarization.
Reason for Sale  Consolidation.

Description  
This is an impressive and very popular Sports Bay with a great following. This is truly a legacy business. They offer excellent food, and operate a fun and lively bar with plenty of big screen TVs to support their strong sports connection. They offer live entertainment many evenings. They stay very connected to their community and participate in charity events. This business stands out from most bars and restaurants in another way. This business has excellent books and records supporting their representation. All reported earnings for this listing are supported with financial statements and conform to the taxes they have submitted to the IRS. Although Seller's taxes will be reserved for viewing upon post-contractual due diligence, if you make an accepted written offer, you will have access to copies of Seller's business taxes for 2008, 2009, & 2010 to further verify the veracity of this business' earnings. Note: Although certain amounts of cash are typically not reported in many bar and restaurant businesses, all financials here are represented in the records. No representation of any cash that is not record has been made or is implied. This is a fun and exciting environment. They have live music and plenty of celebrations and events that their customers have come to expect. Additionally, it has great systems and processes in place. Although any business can be improved, this business offers you a smooth running operation to build upon. Staff is well trained, food costs are in line, and the business runs very well on a day to day basis. It offers great value in the build out, fixtures and equipment. One would be hard pressed to open up a bar and restaurant of this magnitude for the price that is being offered for. Also included in this business is the liquor license necessary to legally run and operate this business. Contact for more information on this bar and grill for sale.


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