Established Sports Bar w/ 4 COP Quota License Included
Price: $1,600,000
Location: Jacksonville
Industry: Full-Service Restaurants
Listing ID: 75600161
Here is a well-established sports bar for sale with a full 4 COP quota license, and you can get in before peak (football) season begins! Seller works no more than 5 hours per month reviewing the books. General Manager in place (GM's salary not added back in financials), and many other employees have been with the business for at least 3 years or more. Employees fluctuate up to 18 total during football season; 13 employees are typically staffed in the off-season. A new HVAC system (10-ton) was installed in 2023, along with a new grease trap and 3 new toilets last year. 183 total seating capacity. Increase profit by being an active owner/operator and by adding merchandise. 50/50 split on games. More info is available with NDA and PFS.
Down Payment: $1,600,000
Cash Flow: $109,048
FFE: $36,000
FFE Included: Yes
Inventory: $6,000
Inventory Included: Yes
Year Established: 2008
Days & Hours of Operation: 11:30 AM-2 AM Tuesday-Sunday / 4 PM-2 AM Monday
Owner Hours Per Week: 2
Managers: 3
Monthly Rent: $16,533
Square Footage: 4800
Reason For Sale: Discuss with Seller
Training & Support: 1 week, no cost