MergerPlace

Old St Aug. Hot Spot Restaurant & Bar

St Augustine, Florida (St. Johns)


  • Asking Price: $725,000
  • Gross Income: $1,289,932
  • Cash Flow: $167,789
  • Real Estate: Not Disclosed
  • Inventory: $30,000
  • FF&E: Not Disclosed
  • Listing ID: #205925
  • Established: 2010
  • Employees: 4ft/13pt

Business Description

Beautiful historic district restaurant with desirable full 4COP liquor license with unbeatable rent and access to convenient parking. Available with or without license ($399,900 for restaurant only), as option exists to convert to strictly beer/wine. Opportunity to grow sales and profits. Lender pre-qualified. Seller manages less than full time, accomplished chefs and fabulous wait staff in place. Add lunch and brunch to grow sales. Call today! Please refer to Listing 7101-85402 Advisor Bianca Evans.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
Metropolitan Area: St Augustine
County: St. Johns

Company Information

Year Established: 2010
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4ft/13pt

Financial Information

Asking Price: $725,000
Gross Revenue: $1,289,932
Cash Flow: $167,789
Inventory: $30,000
Seller Financing Available: No

Property Information

Facilities:

1550sf/Historic Old Town

Reason for selling:

Retirement

Support & Training:

Seller will provide 2 weeks training

Contact Business Seller

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Business Listed By:

Bianca Evans

Transworld Business Brokers