Great Bar, Great Food, Great Income And the Real Estate!

Location: Florida, United States
Category: Food and Beverage
Type: Established

Financials

Asking Price: $1,850,000
Cash flow: $275,762
Revenue: Not Disclosed
Gross Income: $869,000
Inventory: $20,000 - Included in the Asking Price
FF&E Not Disclosed
Real Estate: Not Disclosed

Business Details

If you\'re looking for a small, not-too-busy bar like \"Cheers\", this is NOT it! If you want a busy partying place, where the food is great, the beer is ice-cold and the liquor is kept pouring, this is the place for you! A favorite with the locals, you can dance till you can\'t stand, you can shoot pool or, you can just socialize with all the regulars. This business is one of the longest-established bars around, with a very large parking lot. The area is desperate for a liquor store and this business has the location, it has the room and it has the 4COP Liquor License needed. The 4COP license, worth $425,000, is included in the purchase price. The location is also prime for a check-cashing operation, combined with the liquor store. Net income could more than double with the addition of the package store. Don\'t delay in taking a look at this one. It won\'t be on the market long! PRINCIPALS ONLY, PLEASE! NO BROKERS!

Free-Standing, 6,000+ sq. ft. building on almost 1 acre. Large parking lot, located near extremely heavily-travelled highway.
This bar/restaurant has no competition within several miles. Long-established, it has a very loyal following.

There is enough room to add a liquor store, which, combined with check-cashing, could substantially increase the income. There are no liquor stores located within a several mile radius of this location; yet, 45,000+ cars pass by every day. Similar type bar/package stores have yielded $1 million in sales for the liquor store alone!

General Information

Reason Selling: Buying larger business

Number of Employees: 14
Year Established: 1980