MergerPlace

Oceanfront Bar and Restaurant For Sale

Florida (Duval)


  • Asking Price: $399,000
  • Gross Income: $1,216,959
  • Cash Flow: $295,721
  • Real Estate: Not Disclosed
  • Inventory: $20,000
  • FF&E: $125,000
  • Listing ID: #213978
  • Established: 2013
  • Employees: 30

Business Description

Newly remodeled and rebranded to better serve the demographic of beach goers, surfers and tourists, this is own one of the few Ocean front Bar & Grills in Jacksonville Beach! A relaxed atmosphere & exciting late-night action make this one of the most popular beach hangouts. Customers enjoy great food & drinks & the waves of the Atlantic Ocean while on the deck & giant patio. Full bar (SRX Lic) Great kitchen & equipment. High Def TV's everywhere. Club nights with the best DJs from around the country. Sales are strong and you could not pick a better time to buy a business like this and enjoy the beautiful summer ahead while you realize wonderful profit and ROI! Seller has decided to venture into a different industry and has been
essentially absentee so there is lots of room for improvement and growth. Great lease with options. Very Generous Seller Financing! Motivated Seller and it Won't last long! Email today for an NDA. Please refer to listing number 7101-960885 and advisor John Geiwitz when inquiring on this listing.


Business Details

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

Company Information

Year Established: 2013
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 30

Financial Information

Asking Price: $399,000
Gross Revenue: $1,216,959
Cash Flow: $295,721
FF&E: $125,000
Inventory: $20,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 10900 Square Footage: 6500 Building Type: Stand Alone Terms & Options: Yes Expiration Date: 1/31/2024

Reason for selling:

Other

Support & Training:

Seller will train for 4 weeks at no cost

Contact Business Seller

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Business Listed By:

John Geiwitz

Transworld Business Brokers