**Connor Gross** (0:00)
Hey, everybody, welcome back to another episode of Acquisitions Anonymous. I'm Connor Gross, and join the crew today to talk about a multi-unit sports bar franchise down in Florida. We had a ton of really interesting conversations about the industry, why Gen Z is a drinking, is that a good thing, and obviously what impact does that have to the business. But highlight of the episode was I asked Michael what the alternative business that would fill the void for Gen Z would be, the equivalent to a sports bar in the next generation. His answer is going to shock you, so be sure to stick around. As always, I help people find franchises, so if you're interested in getting into the franchise game, feel free to reach out to me, I'd be happy to help you. But regardless, stick around to the end of the episode, this is one that you will not want to miss.
**Michael Girdley** (0:53)
Are you ready to take a leap into business ownership, but you don't know where to start? Well, look no further than Acquisition Lab, the premier resource for entrepreneurs seeking to buy their dream business. Founded by Harvard MBA and Acquisition expert Walker Dybul, the lab is your fast track to success in the search diligence and acquisition process. With hands-on support, world-class resources and a community of like-minded entrepreneurs, Acquisition Lab gives you the tools and confidence to navigate every step of the journey. And we're proud to call Walker and Chelsea, the lab's director, longtime friends of the podcast. They're passionate about helping entrepreneurs like you take the next big step. So don't wait to make your business ownership dream a reality. Visit acquisitionlab.com today to learn more and schedule your free consultation. And when you do, be sure to tell them the Acquisitions Anonymous podcast sent you. Connor, well, we had Bill before, but he had to go.
But you brought another deal, Sports Bar Franchise.
**Connor Gross** (1:44)
I did bring another deal. In full disclosure, I know franchising, I know nothing about Sports Bars on the business side of things, but I'm acutely aware of them as on the consumer side of things. So we'll see how well that translates. Multi-unit Sports Bar franchise generating strong revenue. This is in Sarasota County, Florida. The asking price is 6.499 million. The revenue is about 9.4 million. Cash flow is 1.5 million.
**Michael Girdley** (2:12)
Wow.
**Connor Gross** (2:14)
Popular Sports Bar and Fast Casual Dining franchise with three locations and opportunities to open additional locations. Customers enjoy consistently good food, great drinks, friendly service, and a reliable experience every time that they visit, whether for a drink with friends, the big game on Sunday, or dinner with the family. Experienced franchisor or restauranteur looking to grow and expand long-term multiple franchises, each location generates over 3 million of revenue in 2024, resulting in over 400K of SGE per location. Two locations lease and the third enjoys the benefit of owning their building with a land lease. Take advantage of 16 years of loyal client growth to build and expand these businesses with the opportunity to increase locations. This may qualify for a visa, only qualified buyers may consider SBA financing, NDA verifiable source of funds, resume and resume, I mean, to receive details. $40,000 of inventory, including an asking price of 700K of FM&E, 98 employees, woo!
The seller will provide four weeks of training and their reason for selling is other interests slash retirement. And they confirm that this business is an established franchise. I have no idea what franchise it is.
**Michael Girdley** (3:30)
So it could be anything from chilies to Applebee's to something you've never heard of.
**Connor Gross** (3:37)
Could be. Those sound to me like this wouldn't be on business by sell if it was chilies and Applebee's, but I could be wrong. A lot of those are pretty consolidated. But it does say, so they were established in 2009 So it's definitely something that's been around for a little while. I also missed, so real estate sounds like is included. 2.9 million in real estate is what they share. So that must be the one building that they own. Yeah.
**Michael Girdley** (4:04)
So they lease to and they own a third one. It is fascinating the valuations that get put on some of this real estate.
Where so often you see like, the real estate here they have it worth $3 million. Then you ask them, what do you pay yourself in rent? They're like $50 a month. It's like, okay, well, these two things don't work together.
**Connor Gross** (4:26)
This sounds too good to be true, though, because if it has $1.5 million in cash flow, the asking price is $6.5 million, but $2.9 of that is real estate. Why does this sound like a good deal? Am I missing something?
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