Restaurant Sports Bar & Grill, Edgewater, FL - R/E incl
Business Opportunity
for Sale
| Catylist Listing ID: |
30855394 |
| Property Subtypes: |
Food and Beverage
|
| Building Size (RSF): |
2,044 SF
|
| Sale Price: |
$2,000,000 |
| Name of Establishment: |
Tailgatorz Sports Bar & Grill |
| Business Website Address: |
https://www.tailgatorz.net/ |
| Year Business Established: |
2018 |
| Gross Revenue: |
$1,600,000 (Annual) |
| Cash Flow: |
$0 (Annual) |
| Last Updated: |
9/19/2023 |
Overview / Comments
|
Slam Dunk! This independently owned restaurant and sports bar includes the operations, real estate (1.3+/- acres), IP, and transfer of the 4COP liquor license. Lender reviewed and bankable. Purchase comes with all existing management and trained staff. Strong foundation to get started. Positive cash flow operation. Established customer base with room for growth. Located on a major thoroughfare, close to the ocean. High growth area. Establishment features indoor and outdoor bars, pool tables, 15+ TVs, and a fenced outdoor entertainment area for live music and corn hole tournaments.
|
Additional Details
| Nearest MSA: |
Deltona-Daytona Beach-Ormond Beach |
| County: |
Volusia |
| Industry Segment: |
Bars and Taverns |
| Reason for Selling: |
Retirement |
| Value of Inventory Included ($): |
$0 |
| Value of Furniture, Fixtures, and Equipment ($): |
$0 |
| Real Estate Status: |
Real Property |
| Value of Real Estate Included ($): |
$640,000 |
| Real Estate Lease Description: |
1.3+/- acre corner lot |
| Part of Planned Development?: |
Yes |
| Employee/Labor Description: |
18 employees to transfer with sale. |
| Mgmt/Training Support Description: |
Owners willing to stay on for a period of time for training and transition. |
| Competition/Market Description: |
Existing customer base located on a major thoroughfare in Edgewater, FL. Open 7 days a week 11am to Midnight and 11am-2am on Friday and Saturday. |
| Growth/Expansion Opportunities: |
Local and tourist markets. High demand area with growing residential and commercial developments. Opportunity to expand on adjacent vacant lot (sold separately). |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,491 |
24,051 |
34,750 |
| Median Age: |
68.57 |
49.57 |
49.9 |
| Households: |
820 |
10,475 |
15,464 |
|
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