Bar & Grill for Sale in Jacksonville -$100,000 for Owner

Jacksonville, FL
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Asking Price:$159,000
Gross Revenue:$864,589
Established Year:2020
Cash Flow:$107,133
Rent:$9,700/Month
BUSINESS DESCRIPTION

PRICE REDUCTION!!! Make your offer today! Are you ready to own your very own restaurant franchise? This popular Bar and Grill for Sale is one investment that could pay off big time. This well-known brand is a turn-key location and is ready for it's new owner. A new dedicated on-site owner can increase the current sales of $864K by adding additional marketing and third party delivery partners. If you have strong credit, we have LENDING AVAILABLE and approval only takes days! This Bar and Grill for Sale is located in a sought-after location in Jacksonville. As the owner of this franchise you will enjoy all the benefits of being located in a busy shopping center with other restaurants and businesses along with a strong customer base in a rapidly growing area. Current owner benefit of $107,223!Have you have always dreamed of owning your own franchise, but never had the money to invest in a startup? A new venture has a lot going for it, but if you don't know what's ahead of time then there'll be many moments when things look rough or unclear. That's where buying an existing business like this Franchise for Sale comes in! We Sell Restaurants even has lending partners that could help you finance this opportunity! With a winning brand like this Franchise Bar and Grill for Sale and a dedicated on-site owner, the sky is the limit for this gem. Sometimes all it takes is a fresh perspective from a new owner to increase sales. Current sales are at $864K but there is plenty of room for growth with adding additional marketing and delivery partners to further increase sales. This popular Bar and Grill for Sale is operating in an easy to manage 4,750 square foot space with a monthly rent including CAMS, Taxes, and Insurance of $9,700, The lease is valid through January 2025. This restaurant includes a 4COP SRX liquor license. This location was started in 2020 and has a built-in customer base already in place. Another great benefit to purchasing and established Bar and Grill for Sale like this one, is the employees! This location has 16 employees already in place and are trained to the brands standards. Training by the franchise brand will have you well prepared to be running your own store! When you purchase this Bar and Grill for Sale, a one time training and transfer fee of $17,000 covers your cost of training. Royalties are 5% and national marketing fees of just 1% of sales are well within the industry standard. By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.


DETAILED INFORMATION
Location
Jacksonville, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,750
Lease Expiration
31/01/2025
Employees
16
Facilities
Booths Tables Chairs POS System TV's & Pool Tables Bar Bar Stools Hood Prep Tables Fryers Grease Trap Walk in Freezer Walk in Refrigerator Storage Racks Flat Top Grill Microwave Salad Prep Cooler Small wares Lighting and Fixtures
Competition
Located in a busy shopping center with other restaurants and businesses. Strong customer base.
Growth & Expansion
Add additional marketing to increase sales. Add additional delivery to increase sales. Great shopping center on busy street.
Support & Training
2
Reason for Selling
Relocation
Franchise
This business is an established franchise
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April
Greenwood
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April Greenwood