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- RE: Prime Location Absentee Owner 50 Est Renovated Bar
- Contact: JOSEPH DIBARTOLO
Quick Facts
| Asking Price: | $595,000 | |
| Annual Revenue: | $1,600,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $275,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $125,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1975 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 999861 | |
| Broker Reference #: | 3353512892 |
Business Overview:
VERY PROFITABLE! Absentee Owner, Over 50 years of experience in the restaurant and bar industry
Real estate opportunity as well
Large restaurant and bar located in 200 Feet from the sunny beaches of Florida.
Business has a full food menu and a full liquor bar, along with a 4COP SRX liquor license.
Business has a large outside seating pavilion. There is also a large kitchen, a large bar area, and plenty of seating. Well-known name in the community
New owner can change the concept to whatever they like
• Prime Location: Less than one block from the beach: Enjoy stunning views and a vibrant atmosphere that attracts both locals and tourists.
• Established Business: With four decades of history, this restaurant has a loyal customer base and a strong brand identity.
Families looking to invest in a thriving business.
• Entrepreneurs seeking a turn-key operation with established cash flow.
• Those wanting to embrace the Florida lifestyle while running a successful venture.
This is not just a business; it’s an opportunity
Don’t miss out on this chance to make your mark in the Florida hospitality scene!
SDE / Cash Flow reflects new owner overseeing on a daily basis
Move quickly, this will not last long on the market, and also on the opportunity to buy the building
4-COP SRX Beer on wine license. Perfect for E2 visa opportunity. Please refer to listing number 3353512892, business broker Joe DiBartolo when inquiring about this listing.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
Lease/Month: 5400 Square Footage: 2000 Building Type: FREE STANDING Terms & Options: Expiration Date: 12/31/2026
Market Competition and Expansion:
Non Compete : Miles: 3 Years: 3
Reason for Selling:
PERSONAL. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Florida businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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