MergerPlace

Iconic Beach Bar for Sale

Florida


  • Asking Price: $850,000
  • Gross Income: $2,345,352
  • Cash Flow: $271,809
  • Real Estate: Not Disclosed
  • Inventory: $25,000
  • FF&E: $326,249
  • Listing ID: #203879
  • Established: 2002
  • Employees: 14 FT/6 PT

Business Description

If you’ve always dreamed of owning a successful bar how about one that comes with an ocean view? This live music venue has an eclectic interior, food menu and a history of great times, great views and national touring acts. A buyer with a strong background in restaurant/bar operations can easily make this successful location even more profitable. Excellent lease terms. Sellers will only consider financially qualified buyers with successful industry experience.


Business Details

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

Company Information

Year Established: 2002
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 14 FT/6 PT

Financial Information

Asking Price: $850,000
Gross Revenue: $2,345,352
Cash Flow: $271,809
FF&E: $326,249
Inventory: $25,000
Seller Financing Available: No

Property Information

Facilities:

Stand alone building right on the beach. Open floor plan, huge dance floor, upstairs and downstairs bars, large deck with outdoor seating, piano, stage and SOUND SYSTEM . Security system in place. Large parking lot.

Growth & expansion opportunities:

For the experienced operator this bar has a great opportunity to grow. Careful expense management and a "hands on" can keep the great momentum growing. Best location and lease lease you will find anywhere.

Competition:

Nothing comparable for 20 miles. Only hotel bars and small pool halls in the near vicinity. No one else offers the variety of live music, games and entertainment in the area.

Reason for selling:

Retirement.

Support & Training:

Will train for 2 weeks @ no cost. 4 cop license

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Dan Carelli

Murphy Business Brokers