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Profitable Neighborhood Bar & Grill with Loyal Customers


 

***SBA Pre-Approved Financing***

 


When I think of the term “Neighborhood Bar & Grill”, I think of a “local joint” where I don’t have to get onto a major highway to drive to it. I think of a place where I see my neighbors and friends on a regular occasion. I think of a place that is my “go to” for take-away Wings to serve my guests at house parties. I think of it as being my “Third Place” – that place other than home or work where I need to get away to for piece of mind. This it that Third Place!

This restaurant has been operated in its current format for over a dozen years, and has built a solid and loyal customer base. Whether they come for the food, or whether they come for the drinks, or maybe just the opportunity to decompress amongst friends, they all come back OFTEN. As an owner/operator, you just can’t ask for much more than that.

Recently the Landlord has offered an extended long-term Lease to the current owners, which Lease is likely to be available to a new Buyer (Seller will assist in negotiations to that extent). And speaking of Landlord, this one has remained the same throughout the Seller’s ownership and is likely to continue to own it. That’s great news because it is rare these days to be able to have such a long and strong relationship between Landlord and Tenant.

So whether you are a seasoned Bar & Grill operator, or just someone who has always wanted to own and operate one and feel now is the time, this is a ideal opportunity. It’s not a complicated format, and you don’t have to go out and “find” customers. Just treat the ones that are already loyal like they are your friends and family, and they will keep coming back.

LIQUOR LICENSE DISCLOSURE: The current liquor license used in the operation is a 4COP Quota License which is not included in the Asking Price. A prospective Buyer can purchase this license from the Seller at the then current market value (approximately $350k as of March 2023), or a Buyer may instead apply for a 4COP SFS License (Special Food Service license) which this restaurant qualifies for.

DON’T MISS OUT…CHECK IT OUT…TODAY! Call Mitch Walker at 727-612-1920, or Chris DiNeno at 813-789-2468 for further details.

IMPORTANT NOTICE: This is an operating business being offered for sale "CONFIDENTIALLY". Interested parties MUST fill out a Confidentiality Agreement (NDA) before any specific information, such as name and location of the business will be shared. NO EXCEPTIONS! Once you have signed the NDA, one of our associates will call you to discuss the business opportunity in greater detail before releasing confidential financial information.

Main Street & Main are the Leading Business Brokers in Tampa Bay, year after year. Give us a call and let us help you Buy A Business or Sell A Business in Tampa Bay, and throughout Florida. We specialize in the purchase and sale of: Restaurants, Bars, Nightclubs, Liquor Licenses, and many other businesses. We are also a Leading Commercial Real Estate Company and can give you the professional assistance you need to successfully negotiate a Lease or Real Estate Acquisition.

Information contained herein has been obtained from the Owner of the Property or from sources deemed reliable. We have no reason to doubt its accuracy but make no warranty or representation. All information is submitted subject to errors, omissions, changes, withdrawal without notice and any special listing conditions of the Owner.



Listed By: Mitch Walker

Background information

Reference:

CJ-LZHB2

Year established:

2009

Reason selling:

Owner has other business opportunities

Finance

Sales:

$1,100,000

Profits:

$120,000

Profit type:

Discretionary Earnings

Premises

Facility:

High-Quality Retail Shopping Center that is professionally landscaped and maintained, with a very large parking lot and easy access.

Square footage:

2000

Rent and lease terms:

Lease terms available upon request

Location:

Rapidly growing local market with above average median household income.

Price and terms

Price:

$149,000

Down payment:

$149,000

Financing:

SBA Pre Approved Financing available!

Training:

Provided up to two weeks at no additional cost