Business Overview:
The business is minutes from the sandy beaches, located in a highly-trafficked and trendy area, surrounded by a music venue, convention center, and more. The bar opened in 2020, just weeks before COVID, with a $250,000 buildout and a newer business model that reduces overhead expenses. The current seller purchased the business in early 2022 with the idea of retiring to the beach and working the bar. Unfortunately, the seller has run into family obligations that require them to put their retirement plans on hold.
The hours are Sunday - Thursday 11 - 10 and Friday - Saturday 11 - 12. The business has a large variety of draft beers with over 35 craft beer options. The bar runs out of an updated 2,170 square feet strip mall with a gross lease that expires in February 2024.
The sellers have one full-time manager that handles the day-to-day operations, allowing the owners to work remotely. There are also 3 Part-Time employees, with minimal turnover. No special skills are needed to operate the business.
Sales:
2020 - $106,074
2021 - $232,364
2022 - Sales are up 20% compared to this same period in 2021.
Don't miss out on this excellent opportunity to live the beach life. Seller financing is available for qualified buyers.
Please get in touch with Chris Bruner at Transworld Business Advisors Gulf Coast to discuss this excellent beach bar further.
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Reason for Selling:
Family
Additional Details:
- The property is leased.
- 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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