Visitor Attraction

Not Disclosed, FL
St. Johns County

Asking Price: Annual Revenue:
$1,300,000 $686,531

Recreation: Entertainment

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RE: Visitor Attraction Broker: RH Hunnings

Quick Facts

Asking Price: $1,300,000
Annual Revenue: $686,531
Net Profit: Not Disclosed
Cash Flow: $134,708
Total Debt: Not Disclosed
FF&E: $1,100,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 12
BBN Listing #: 17204955
Broker Reference #: 1027-13742

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Business Overview:

Rare opportunity to own one of the top attractions in the nation’s oldest city, St. Augustine. A crowd-pleasing, and entertaining attraction for people of all ages. Over $1.2M in top-quality, well-maintained assets and a huge potential for growth due to seller's declining health. No special skills are required. Includes two alcohol sales licenses in a prime location: one for liquor, beer, and wine on-premises consumption and another for beer and wine package carryout. An experienced management team is in place to support the transition. This well-known business is truly one of a kind, a rare gem.

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Property Features and Assets:

The business is located in the heart of the St. Augustine Historic District. Assets = $1,126,849.

Market Competition and Expansion:

The tourist industry is expanding rapidly and this business is one of a kind. There is no competition in Florida. The barrier to entry into the market is so great that new competition is virtually impossible. The potential for growth is substantial. The present owner is the primary marketing representative and his declining health has substantially limited his efforts.

Reason for Selling:

Owners deteriorating health.

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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