Business Summary:
This is a very popular sports bar and grill on the busiest thoroughfares in the Tampa Bay area. Strong annualized Gross Revenues for 2009 are $920,550. The restaurant offers a wide selection of Latin and American cuisine to accommodate all customers. The restaurant is the local place to hang out for area residents providing sporting events, a variety of nightlife entertainment, and excellent food and drinks. All sporting events are shown on over 30 High-Definition TV’s NFL, NBA, MBL package and more are available for watching, both inside and on the patio, and is a Wi-Fi Hotspot as well. Happy Hour specials are offered during the week until 7:00pm. Live entertainment, parties, DJ, dancing and events are held every month posted on the restaurants state-of-the-art website that drives traffic to the restaurant. The bar and grill is known for its fun party atmosphere that includes Pool Tables, Dart Boards, Video Games, Beer Pong, Wi-Fi and more. The restaurant utilizes web 2.0 marketing strategies taking advantage of Social Media advertising through Twitter, Facebook, and MySpace keeping customers informed of nightly events and entertainment. Due to theft and bad management the owner has not realized the full earnings potential of the business. This is a golden opportunity for an experienced Sports Bar operator who is willing to train and develop employees, establish loss prevention systems and hire new management for the business could realize greater earnings that are already available in the business.
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Growth/Expansion:
The business has great promotions and events every month. Social media advertising on Twitter, Facebook, and My Space keep fans and followers up to date on nightly events and venues. Happy hour, Free PPV events – UFC, Cinco De Mayo, St. Patrick’s Day etc. keep the customers returning. There is always a fun party atmosphere at the restaurant. |
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