Businesses for Sale RETURN

LISTING#: BBF-95140023 Bars / Pubs & Other Drinking Establishments: Bars and Pubs
Liquor Related Biz|Sports Bar
LOCATION: Florida --> Southwest Florida --> Lee County - Shopping Center with Publix Anchor
ASKING PRICE
$4,810,000
AMOUNT DOWN
$1,082,000
REVENUES:
$5,238,500
ADJUSTED CASH FLOW
$948,628
TOTAL ASSETS
$380,000

Very well known, profitable and established Restaurant/Pizzeria and Sports Bar located in a Seller owned 14K SF Building. Licensed with full liquor license 4COP SRX (51/49). 2 bars, 40 tv's with all Sports channels, private room for any event, 290 + 90 seats. Live entertainment with bands. This restaurant is a landmark in the area. Note: by owner request, disclosures will be given only to a proven prequalified buyer after signing a Confidentiality Agreement as well as providing last updated bank personal financials statement and a professional background! Note: in the add backs: a) benefits are owner total personal expenses/benefits b) depreciation includes amortization amount as well. c) other is the saving of two managers salaries ($125K) replaced by husband and wife (or by two working partners), and the rental amount ($178K) as add back by buyer purchasing the property as well. 

 
Contact:  Lino Galati
Phone:  (239) 284-1317
E-Mail:  lino@truforte.com
Truforte Business Group
8270 College Pkwy Suite 105
Fort Myers, FL 33919
www.trufortebusinessgroup.com

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