Complete Bar Grille Equipment Package with Impressive Outdoor Seating
$950,000
Long lease in place
The current lease runs for several more years.
Training included
The seller will help you get up to speed after closing.
Established 10+ years
A track record buyers and lenders tend to trust.
About this business
Outstanding opportunity to acquire a turnkey bar & grille in a major Southwest Florida shopping and dining destination. Features interior dining and an impressive outdoor seating area under a brand-new canopy. Established management team in place with General Manager and Kitchen Manager. Attractive lease terms and strong surrounding demographics.
The numbers
How the asking price compares with what the business brings in each year.
- Asking price$950,000
- Annual Revenue$1,378,678
- SDE$453,286
- 2.1×
- Price to SDE
- 0.7×
- Price to revenue
- 33%
- SDE margin
- Annual Profit
- $439,276
- Approx. Inventory Value
- $20,000
- Approximate FF&E
- $160,000
Details
- 2001
- Established · 25 yrs
- 11
- Employees
- 5
- Owner hours per week
- Stock / Entity Sale
- Sale Type
- Restaurant
- Business type
- Leased
- Premises
Financing & transition
- Seller financing
- No
- Training after the sale
- Included
- Cost
- Free
- Duration
- 2 weeks
Property & lease
- Premises
- Leased
- Total Area
- 3,900 sq. ft.
- Rent (monthly)
- $6,500
- Lease Expiration
- Apr 30, 2035
- Lease Renewable
- Yes
Where it is · Fort Myers, Florida
Somewhere in Fort Myers, Florida. The exact address is not on this listing.
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The information in this listing has been provided by the business seller or representative stated above. Venturu has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
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