True Florida Bar & Grill

Not Disclosed, FL
St. Lucie County

North St. Lucie County

Asking Price: Annual Revenue:
$1,000,000 $789,030

Food & Beverage: Restaurants, Fast Food, Deli

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RE: True Florida Bar & Grill Broker: Bob Leone

Quick Facts

Asking Price: $1,000,000
Annual Revenue: $789,030
Net Profit: Not Disclosed
Cash Flow: $91,282
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: $550,000
Year Established: 1991
Employees: 11
BBN Listing #: 519711185
Broker Reference #: 170-08443

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Business Overview:

Includes Real Estate ($550K included). 30 years of continued success, but now severe health issues force sale. This is a true Florida Bar & Grill. Full 4COP Liquor ($225K included). Old Florida memorabilia decor with a full kitchen that includes Exhaust system, walk-in cooler, and a "Brick-Oven Pizza Oven (has not been utilized in years but can be another revenue center - used to bring in $8k per month in gross sales). Small family dining room seats 10-15. Seating for 50-60 in main eating area and Bar with 10-15 stools. Closed on Sundays for 15 years, another easy additional revenue center. No website and lacking social media give a new owner plenty of room to grow. 2020 had them shut down for nearly 2 months, and they bounced back quite nicely due to super local client base. Perfect Books and Records. This has always been a husband-and-wife operation. With the husband ill, the wife has picked up the slack. This offering includes the real estate and two weeks of training. PFS and a Resume required to receive additional information. This will not last long. Financing based on buyer Bar/Restaurant experiace and crdit history.

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Property Features and Assets:

Inventory: $9,000 (included in the asking price). Building Type: Stand alone. Square Footage: 3,174. Leasehold: $50,000. Other Loan: $900,000. Mos: 300. Rate: 6%. Mo Pmt: $5,798.71

Reason for Selling:

Health Issues.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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