BRADENTON, Florida
| Asking Price |
$1,950,000 |
Year Established |
2009 |
|
| Annual Revenue |
$1,317,654 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$197 |
Attention |
Paul Cestaro |
|
| Annual Cash Flow |
|
Listing Number |
630027 |
|
| # of Employees |
11 |
Business Category |
Food & Beverage: Bars, Clubs, Nightspots |
|
Business Overview:
Rare one of a kind free standing 2500 SF Bar & package liquor store with large visible Pilon Sign and valuable Drive-up window. Sale includes a ¾ Acre prime real estate site. Super location with full Liquor license, Business, and Real Estate included in sale with a *18% Cap rate*. Very Popular Bar with bandstand and pool table.
This is the Ultimate in PRIME CASH BUSINESSES.
Great parking with Unlimited expansion and growth potential for a buyer taking it to the next level.
Great net income of $269,000. Calculated as owners benefit for the first 8 months (January to August) of this current 2023 year. This equals a 14% Cap return based on the total sales price for only 8 months.
* Projected Verifiable Cap rate of 18% for this current Year. Calculated with owners benefit*
Possible owner financing with a substantial down payment.
Semi-absentee owner is retiring.
Property Features and Assets:
Market Competition and Expansion:
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