Prime Location Absentee Owner 47-year Restaurant and Bar

Listing Number: 3353-758684

Description

VERY PROFITABLE! Absentee Owner, Over 45 yrs business Recently Renovated
Over $300,000 ALL NEW EQUIPMENT, REMODELING
Large restaurant and bar located in the one block 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 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 as long as the concept is approved by the landlord.
Rent includes common area maintenance and taxes.
• Prime Location: 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

Listing Details

• Price: € 995,000
• Down Payment: €500,000
• Sellers Discretionary Earnings: € 450,000
• Total Sales: € 2,600,000
• Location: Pinellas County, Florida


• Inventory: € 40,000
• FF&E: € 150,000
• Employees: 16
• Year Established: 47
• Reason for Selling: Personal
• Category: Liquor Related Biz,Restaurants