Premier American Sports Bar - Prime Mall Location

Reason for Selling:

Not Disclosed

Overview of the Business:

H. Alan Welles Real Estate is pleased to present, rare opportunity to run and own through a Licensing agreement, a fully staffed and operational high end chain styled restaurant for only $125,000 fee. This fee is for five a year term, longer terms are available with extensions options. A monthly fee of $3,000 per month is payable to The Famous 8 Ates corporation as part of licensing agreement. Currently three locations are available. The first is a 6,049 sq. ft. +/- restaurant with a build out , and furniture and fixtures valuation of $ 600,000.00 +/-, located in Vero Beach in the Indian River Mall. The second location is Tampa consisting of 5,662 sq. ft. +/-. The third is located in Fort Meyers. Other locations are currently under review. The CEO and licensing authority, will set up all aspects of the business. All locations are premium high traffic mall location statewide. The Famous Ates team will help with initial set up to the grand opening and on going support. The Vero site has 27 TV’s and the largest HD flat screen in Vero. The name of the Sports chain is "FAMOUS 8 ATES". Get in on the ground floor, own one today. The Vero site has been open for three months with a estimated Performa of $1,200,000 gross for year one. Restaurant experience a plus see if you qualify. Limited investment for six figure profits for the buyer depending on experience.

Property Features and Assets:

Zoning: Industrial. Square footage: 6,500. Rent currently is: $15,000 +/-; Utility: $4,000 +/-.

Additional Details: