MergerPlace

Turn-Key Restaurant/Night Club in So.FL

Florida


  • Asking Price: $499,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $195,000
  • FF&E: $250,000
  • Listing ID: #200908
  • Established: 1977
  • Employees: 10 FT/5 PT

Business Description

Location-Location-Location! This 40-year old restaurant/night club situated in an upscale neighborhood just came in the market and won't last! With a 4COP full liquor license and a seating capacity of 270 persons, this culinary & entertainment center is a bargain at this price. This gem includes two full service restaurants (different food themes), two outstanding commercial kitchens and three full liquor bars. The restaurants have live music and well-known artists rotate according to a pre-determined schedule. The night club has a separate entrance and is open till the wee hours of the morning. This 14,000 sq.ft. fine dining & entertainment center has multiple sources of revenue and a strong client following. It is frequented by locals and tourists alike. Plenty of free parking available. Excellent ambiance, delicious food, live music, upstairs dancing & expensive art hanging on the walls - these are just a few things to make your experience here memorable. This one won't last! Should Qualify for VISA! Seller will consider all reasonable offers!


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida

Company Information

Year Established: 1977
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 10 FT/5 PT

Financial Information

Asking Price: $499,000
FF&E: $250,000
Inventory: $195,000
Seller Financing Available: No

Property Information

Facilities:

This 14,000 sq. ft. restaurant/night club has been at the same upscale neighborhood for 40 years. The two restaurants, bars and commercial kitchens downstairs have been newly remodeled and are amazing. The night club upstairs, also tastefully remodeled has a huge circular bar and a state of the art lighting and sound system. The restaurants and the night club have separate entrances & crew. Plenty of free parking in the front and in the back of the building.

Growth & expansion opportunities:

An experience chef, restaurateur or a group of restaurant/night club operators can take the sales of this entertainment center through the roof.

Competition:

There are other restaurants nearby but none have the longevity, the ambience and the diversity of services & multiple source of revenue like this one.

Reason for selling:

Owner's professional career does not permit him to run the restaurant full time.

Support & Training:

Will train for 3 weeks @ no cost. Full 4COP liquor license included in the sale. World cuisine and seafood menu offered. Food services license in place. Live music offered at the restaurant with multiple shows on weekends. The night club has a state of the art sound system. Chef owner or owners with restaurant or night club background can do wonders with this place. Should qualify for VISA!

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Business Listed By:

Anton Joro

Murphy Business Brokers