Business For Sale

Neighborhood Restaurant/Bar with 4COP License

Lake Placid, FL
Highlands County


Asking Price: Annual Revenue:
$895,000 $1,415,221

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Neighborhood Restaurant/Bar with 4COP License Broker: Jamie Aymerich

Quick Facts

Asking Price: $895,000
Annual Revenue: $1,415,221
Net Profit: Not Disclosed
Cash Flow: $214,843
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 24
BBN Listing #: 40632837
Broker Reference #: 95108542

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Business Overview:

Established neighborhood restaurant/bar including desirable 4COP license. Well located & with ample parking, this place is a destination for the locals and their reputation for delicious & reasonable food attracts the area tourists as well. Open 7 days a week; 11am-midnight. Seasoned staff is in place & owner works only 25 hours a week. Partial seller financing possible. CASH FLOW would be increased with owner/manager on site. Seats 120 and has nice patio area. Please Submit NDA and Financials.

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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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