Restaurant & Bar with Full 4COP in St. Augustine

Not Disclosed, FL
St. Johns County


Asking Price: Annual Revenue:
$725,000 $1,777,483

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant & Bar with Full 4COP in St. Augustine Broker: Bianca Evans

Quick Facts

Asking Price: $725,000
Annual Revenue: $1,777,483
Net Profit: Not Disclosed
Cash Flow: $173,318
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1983
Employees: 35
BBN Listing #: 186018747
Broker Reference #: 7101470487

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Business Overview:

A St. Augustine award-winning restaurant for over 35 years! Sale includes FULL 4 COP package license (Valued at $275,000) and both a well-known dining establishment serving lunch and dinner (which carries the full 4COP and has 106 seats) as well as a bar/night club open evenings which carries an additional 4COP SRX and 150 seats. 2019 based on January through July annualized profit and loss statement. Long term employees in place. Casual atmosphere with uncomplicated American favorites influenced by cuisine from all over the world. Contact us to learn more about becoming part of this St. Augustine institution. Please refer to listing number 7101-470487 and advisor Bianca Evans when inquiring on this listing.

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Reason for Selling:

Retirement

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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