Iconic Bar and Restaurant in Marion County

Not Disclosed, FL
Marion County


Asking Price: Annual Revenue:
$2,300,000 $3,646,759

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Iconic Bar and Restaurant in Marion County Broker: Emily Herbert
Owner Financing is Available!
Loan/Seller- Amount: $200,000; Months: 36; Rate: 8.00% Monthly Payment: $6,267.27

Quick Facts

Asking Price: $2,300,000
Annual Revenue: $3,646,759
Net Profit: Not Disclosed
Cash Flow: $113,315
Total Debt: Not Disclosed
FF&E: $201,113
Real Estate: $2,100,000
Year Established: 1996
Employees: 5
BBN Listing #: 4999630
Broker Reference #: 2301206486

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Business Overview:

This 25-year established iconic Bar and Bait shop is located on beautiful Lake Orange in Marion county! Perks include 4COP liquor License. Additionally, this opportunity features a 2000sq ft Bar/Lounge, with a 2,000 square foot deck and 11 boat slips. Adjacent is 60ftx40ft bait shop and 20 rental properties seated lake front with a private coin laundry mat for the tenants. Rentals are currently full on a month-to-month basis at an astonishingly low rent price ranging from $400 - $585 a month. This listing is a gold mine for the right buyer! 2.86 acres of lake front real estate is included in the asking price! call today this will not last long! Please refer to listing 2301206486 and business broker EMILY HERBERT when inquiring on this listing.

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Property Features and Assets:

Restaurant/Bar, Bait shop, Boat slips,20 Rental Properties, 2.8 acres Lake front Real Estate.

Reason for Selling:

Retirement

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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