Two Neighborhood Bar & Grill for sale in the Panhandle

Milton, FL
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Asking Price:$1,600,000
Gross Revenue:$1,938,281
Cash Flow:$332,278
Rent:$5,100/Month
BUSINESS DESCRIPTION

Neighborhood Bar & Grills for Sale - 2023 sales of $1,938,280 which generates Sellers Discrenary Earnings of $332,277 These Neighborhood Bar and Grills for Sale in the Panhandle are primed for a new owner, and that owner could be YOU! Bring your offers to these established businesses, which consistently delivers over $332,277 in annual Seller Discrenary Earnings from $1,938,280 in sales.
Don't miss out on this rare opportunity. Not only are these Neighborhood Bar and Grills for Sale generating substantial income, but they are also in a prime locations, fully built out, with a proven menus. They are one of the few destinations in the area offering entertainment, contributing to consistent growth in sales and brand loyalty. The market is booming, and businesses in the Panhandle of Florida are thriving.
When you purchase these Neighborhood Bar and Grills for Sale from We Sell Restaurants, you gain a fully established and profitable businesses. The seasoned and trained staff, along with an experienced management teams, are already in place. The current owners, are selling for health reasons, they been at the helm since 2019 for their first location and 2022 for the second. Owner training can be negotiated, one owner will stay on board post-sale (as negotiated) to provide you with comprehensive training.
The leases on these Bar and Grills for Sale is secured until September 2029 and 2027 both have options to renew. The current rent is only $2,400 and $2,700 per month, inclusive of all CAM fees, for a spacious 2,000 and 3,800 square foot interior and large entertainment area. This rent is well below market value and represents just 3.6% of annual sales, an exceptional find in today's market.
Worried about upfront capital? We've got you covered! The Restaurant Brokers have extensive lending resources and can secure your approval in as little as two weeks&mdash often even faster! We help you find your dream restaurant and provide the resources to make it happen. Let's fast-track your ownership of these Neighborhood Bar and Grills for Sale today!
This is the ideal Neighborhood Bar and Grills for Sale, ready for you to take the reins! Submit your offers today and start your journey as the proud owner of these profitable and well-positioned businesses!
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DETAILED INFORMATION
Location
Milton, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,800
Lease Expiration
01/09/2029
Employees
9
Facilities
Location #1 Behind the bar -3 door cooler -sliding door cooler -3 compartment sink -mini fridge -2 door cooler -2 door cooler -wine cooler Store room -2 door cooler -Manitowoc ice machine -3 chest freezers -3 stainless shelves Kitchen -12 ft hood -fryer -36 inch flat grill -food warmer -4 stainless steel tables -fridge -freezer/fridge -large stainless 3 comp sink Bar/Dining room -10 TVs -15 high top tables -2 small tables -61 stools -12 chairs with backs -41 bar stools Location #2 -3 door cooler -2 door cooler -3 comp sink -mini fridge -2 door cooler -Hoshizaki ice machine Kitchen -fridge -2 chest freezers -3 50 lb. fryers -36 inch flat grill -food warmer -insta pot -crock pot -3 stainless steel tables -2 door cooler -2 chest freezers -fridge -stainless shelves Bar/DR -12 TVs -13 high top tables -4 low top tables -150 chairs/stools
Competition
Both location in growing areas of the panhandle
Growth & Expansion
Highly visible. Growing areas of the Panhandle. Great entertainment and 4.8 start google ratings
Support & Training
TBD
Reason for Selling
Health
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Jim
Broscious
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Jim Broscious