Seller's Contact Information
- RE: Riverfront Bar, RE, Apartment, 4COP Liquor License
- Contact: Greg DeSalvo
Quick Facts
| Asking Price: | $1,550,000 | |
| Annual Revenue: | $920,449 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $295,546 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 115,000 | |
| Real Estate: | $800,000 | |
| Year Established: | 2003 | |
| Employees: | 13 | |
| BBN Listing #: | 537835435 | |
| Broker Reference #: | 4110-00315 |
Business Overview:
Riverfront Bar with Full Service Menu Brevard County
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.
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.
With as little as $155,000 down this business opportunity includes the following:
The business........................................ with an SDE of nearly $300k
The real estate..................................... valued at approximately $800k
Two Bedroom Apartment..................... live onsite or use as additional stream of revenue
Brevard County 4COP liquor license..... valued at approximately $500k
(SBA lender approved with $155,000 down for qualified buyer.)
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
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 homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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