MergerPlace

Neighborhood Bar in Boca Raton, Florida

Boca Raton, Florida (Palm Beach)


  • Asking Price: $399,900
  • Gross Income: $615,614
  • Cash Flow: $177,505
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $29,680
  • Listing ID: #207139
  • Established: 2004
  • Employees: 4 FT - 4 PT

Business Description

Well established Neighborhood Lounge with fully equipped kitchen. 4COP license - smoking permitted. During daily Happy Hour, patrons enjoy free pool and discounted drink prices from 2 p.m. till 9 p.m. weekdays and from 12 noon till 8 p.m. on weekends. Nightly drink specials. A rated kitchen from health dept. POS system, walk-in cooler, Pool tables, dart room, games, CD Juke box, ATM, TV’s. Stable cash flow. Buyer must sign NDA and provide proof of financial capability before full disclosure.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
Metropolitan Area: Boca Raton
County: Palm Beach

Company Information

Year Established: 2004
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4 FT - 4 PT

Financial Information

Asking Price: $399,900
Gross Revenue: $615,614
Cash Flow: $177,505
FF&E: $29,680
Inventory: $5,000
Seller Financing Available: No

Property Information

Facilities:

Four storefronts in the middle of a retail strip center 5,500 sq. ft on a main thoroughfare in Boca Raton, FL.

Growth & expansion opportunities:

Dedicate more space to food service. Broaden the menu. Develop some outside space and make use of a patio area.

Competition:

Well established lounge with a regular following. Daytime patrons are older folks. Evenings are for the younger drinking crowd.

Reason for selling:

Seller desires lifestyle change.

Support & Training:

Seller is willing to provide ample support at no cost to assure the new owner will succeed.

Contact Business Seller

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Business Listed By:

Patrick Gagliardi

Capital Business Solutions