Prime Location Absentee Owner 50 Est Renovated Bar-Restaurant
Listing Number: 3353-512892
Listing Details
- Down Payment: $395,000
- Sales: $1,675,000
- Seller's Discretionary Earnings: $350,000
- Inventory: $5,000
- Furniture, Fixtures, and Equipment: $125,000
- Rent: $5,400
- Employees: 13
- Year Established: 1975
- Reason for Selling: Retiring
Business Description
VERY PROFITABLE! Absentee Owner, Over 50 yrs business restaurant and bar
Real estate opportunity as well
Large restaurant and bar located in the 200 Feet from the sunny beaches of Florida.
Business has a full food menu and a full liquor bar along with a 4COP SRX liquor license.
Business has large outside seating pavilion. There is also a large kitchen, large bar area, and plenty of seating. Well-known name in the community
New owner can change the concept to whatever they like
• Prime Location: Less than one block from beach: Enjoy stunning views and a vibrant atmosphere that attracts both locals and tourists.
• Established Business: With four decades of history, this restaurant has a loyal customer base and a strong brand identity.
Families looking to invest in a thriving business.
• Entrepreneurs seeking a turn-key operation with established cash flow.
• Those wanting to embrace the Florida lifestyle while running a successful venture.
This is not just a business; it’s an opportunity
Don’t miss out on this chance to make your mark in the Florida hospitality scene!
SDE / Cash Flow reflects new owner overseeing on a daily basis
Move quickly this will not last long on the market and And also on opportunity to buy the building
4-COP SRX Beer on wine license
Perfect for E2 visa opportunity