Business For Sale

Casual Beach Bar & Grill in historic downtown

Englewood, FL
Sarasota County


Asking Price: Annual Revenue:
$545,000 $1,100,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Casual Beach Bar & Grill in historic downtown Broker: Denis Burke

Quick Facts

Asking Price: $545,000
Annual Revenue: $1,100,000
Net Profit: Not Disclosed
Cash Flow: $235,000
Total Debt: Not Disclosed
FF&E: $178,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 30
BBN Listing #: 103145879
Broker Reference #: WG107ZKBAR

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Business Overview:

This restaurant and Bar is a must see for anyone looking to find a well established operation with a loyal local following. This restaurant offers reasonably priced first-class dining for Breakfast, Lunch and Dinner in a casual Beach-Bar setting with plenty of flat-screen TVs to keep up with your favorite Team while enjoying award-winning food and a full bar. The owners have spent 8 years catering to the community and have established the restaurant and bar as a year-round favorite for locals and Snow-birds alike, rewarding the owners with strong annual Net income year after year.

Business Description:
This Restaurant and Bar is located in a major Tourist area in Sarasota County close to the water and marina; it is is in excellent working condition and needs little to no Capital investment to continue to operate.
Plenty of parking is available in the adjacent private lot. Positive cash flow. The Kitchen offers an approachable, modern American menu with regional specialties seven days a week.

* PLENTY OF POSITIVE CASH FLOW!
* 20 Seat Full Bar SRX, 4COP Licensed
* High Traffic Area
* Casual Atmosphere
* Fully Equipped Kitchen
* LARGE PRIVATE PARKING LOT
* 3,000 Square Feet Restaurant and Bar under air-conditioning
* plus 850 Square Feet covered and shaded patio
* over 160 seats in total

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Property Features and Assets:

Restaurant, Bar and Kitchen fully furnished and operational, sales-price includes all FF&E (Home Based).

Market Competition and Expansion:

N/A

Reason for Selling:

Retirement

Additional Details:

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

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