NOT DISCLOSED, Florida
| Asking Price |
$420,000 |
Year Established |
2011 |
|
| Annual Revenue |
$317,740 |
Reason for Selling |
Downsizing portfolio |
|
| Annual P/L |
$317,740 |
Attention |
Bob Leone |
|
| Annual Cash Flow |
$16,236 |
Listing Number |
938656 |
|
| # of Employees |
5 |
Business Category |
Food & Beverage: Bars, Clubs, Nightspots |
|
Business Overview:
Turnkey Absentee Bar + 4COP | Long Lease | High Upside
100% ABSENTEE BAR / 4COP – TURNKEY – LONG LEASE – CASH COW POTENTIAL
Rare opportunity to acquire a fully built-out, absentee-operated bar with a 4COP quota liquor license. Long-term lease in place with 14+ years remaining (recently exercised option) and a tenant-favorable exit clause—an uncommon advantage.
Opened in 2020 and proven through the pandemic, this bar has established a solid, loyal customer base. The space was completely gutted and rebuilt from a prior bar, with significant capital invested—nothing needed here.
Revenue is driven by a simple, profitable model: drinks + entertainment. Features include pool tables, jukebox, darts, and arcade games (all on 50/50 splits). Limited food keeps operations lean and margins strong.
Includes a highly coveted 4COP quota license (full liquor, package sales, indoor smoking permitted), currently valued at approximately $350K, and fully transferable within the county.
TRUE ABSENTEE SETUP:
Manager works 6–8 hours/week handling deposits. Owner’s only role is ordering liquor. A hands-on operator can immediately increase revenue and
tighten expenses.
UPSIDE IS OBVIOUS:
Add social media, live entertainment, events, or expand food—low lift, high impact.
FINANCIAL NOTES:
• 2021–2022 show inflated insurance expense
• “Other” includes non-cash amortization
• 2023 does not reflect depreciation/interest
TERMS:
• 100% CASH DEAL ONLY
• Proof of funds + background + NDA required
BOTTOM LINE:
Turnkey bar, strong foundation, valuable license, and clear upside. Priced to move—this will not last.
20-year lease, 4-5 year options, option 1 just renewed, so 14+ years left, 1% per year increases, and a back out clause never heard of in favor of tenant.
Property Features and Assets:
<p>Inventory: $12,000 (Included in the asking price).</p><p>Lease/Month: $4,227. Square Footage: 1,600. Building Type: End Cap Small Plaza. Terms & Options: 5 years with 3-5 year option. Expiration Date: 6/30/2025. Leasehold: $75,000.</p><p>The space was completely gutted and rebuilt from a prior bar, with significant capital invested. Features include pool tables, jukebox, darts, and arcade games, all with 50/50 splits. <br></p>
Market Competition and Expansion:
<p>Opened in 2020 and proven through the pandemic. This bar has established a solid, loyal customer base<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity