Riverfront Bar with Full Service Menu Brevard Co.

Not Disclosed, FL
Brevard County

With views of the Indian River this free standing


Asking Price: Annual Revenue:
$1,550,000 $830,502

Food & Beverage: Bars, Clubs, Nightspots


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RE: Riverfront Bar with Full Service Menu Brevard Co. Broker: Greg DeSalvo

Quick Facts

Asking Price: $1,550,000
Annual Revenue: $830,502
Net Profit: Not Disclosed
Cash Flow: $269,792
Total Debt: Not Disclosed
FF&E: $115,000
Real Estate: $800,000
Year Established: 2003
Employees: 13
BBN Listing #: 537835435
Broker Reference #: 4110-00315

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Business Overview:

Close to several neighborhoods and businesses, locals and tourists alike frequent this lively bar which offers a full service menu and tons of events including live music, billiards and more. Established in 2003, this business features covered patio seating with riverfront views, a covered and lighted boardwalk and a huge parking lot. Both the real estate and the 4COP Brevard County liquor license are included in the offering price. This business has earned a Google Rating of 4.2 Stars.

*** TWO BEDROOM APARTMENT: Totally separate from the bar, located on the second floor is a 2 bedroom, 1 bath fully updated apartment featuring a full kitchen, private entrance and highly sought waterfront views. A new owner could live onsite or use as additional stream of revenue.

SBA lender approved with $155,000 down for qualified buyer.

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Property Features and Assets:

Free standing, two story building on .86 acres of land with a separate and private entrance into the upstairs two bedroom apartment. A Brevard County 4COP Liquor License valued at about $500,000 is included in the acquisition along with nearly $75,000 of Leasehold Improvements.

Reason for Selling:

Retirement

Additional Details:

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

Documents:

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