See Similar Listings

Davenport Fl Sports Bar and Restaurant For Sale

Polk County, FL

Seller Financing Available

Asking Price:$1,825,000
Gross Revenue:$2,000,000
Rent:$23.1/SF/Month
Cash Flow:$325,000
Inventory:$205,000
Established Year:2014
Listing ID: 2244019Listing provided by BizBuySell
BUSINESS DESCRIPTION

Established 10+ Years / Some Seller Financing

This turn-key and successful 10+ year old Davenport Fl business is a staple in the community, known for its casual and friendly atmosphere catering to both small and large groups. The venue boasts weekly drink specials, a game room and pool table area, a 3000 sq. ft. patio, diverse entertainment options such as Karaoke and live DJs, and over 40 TVs/Projector for sports fans’ viewing pleasure.

The current owner is looking to retire and, aside from the current management in place, will provide a familiarization period for an incoming buyer to ensure continuity.

This business is best suited for an owner/operator with bar and restaurant management experience. Despite a challenging financial year in 2023 due to high COGS and COL, historically, the financials have been very healthy, and with a more engaged and proactive approach to financial management and operational efficiency, this business is primed for a successful turnaround under the right leadership.

ATTACHED DOCUMENTS
Davenport Ale House Flyer BizBuy.pdf.pdf Download
DETAILED INFORMATION
Location
Polk County, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
7,000
Lease Expiration
01/01/2027
Employees
40
Facilities
Everything within the walls of the business will be included in sale. Items such as the furnishings, electronics, refrigeration equipment, fans, lights, draft system, etc. The only items not included will be items under leased such as the dishwashers, jukebox, games, and pool tables.
Competition
Business is in a prime location. Less than 1 mile from a major interstate and located at the entrance of a shopping plaza and multiple apartment complexes. Area around business has exploded in recent years with multiple homes, townhomes, and apartment communities getting built and now leasing.
Support & Training
Any information about the current business, current equipment, current vendors, day to day operations, and etc. will be provided for an agreed to time period after sale. Seller will be on-site to answer any questions concerning the business for an agreed to time period after sale.
Reason for Selling
Possibly retiring and /or ooking to move out of state.
Report an Issue with this listing
Charlie Norman
Phone Number
Charlie Norman
Call Phone