Landmark Bar Outside Deck Restaurant For Sale
Location United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1400000
Net Profit / Cash Flow $260000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1985
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Owners have worked hard to have such a successful business & will train & support to promote a smooth transition, if required.
Reason for Sale Owners wish to enjoy retirement.
Description Landmark Bar With Outside Deck & Restaurant Plus Real Estate For Sale for $1,200,000! The Cheers of the South! Established since 1985, this business is known to be friendly, famous & is well documented in the history books & internet. The NFL Ticket is there in full swing, with televisions inside & outside the establishment. The live entertainment is a big attraction. This place appeals to every age group, the financials speak for themselves! Casual dining downstairs, an intimate cozy atmosphere upstairs & a fun-filled atmosphere outside at the Tiki Bar. Full menu for both lunch & dinner & the food is excellent. The business consists of 65% food & 35% bar & has a 4COP liquor license (valued at approximately $200,000) & a seating capacity inside for 120 guests & more outside. The potential for this business is limitless for an aggressive investor. The two story building is an unique, free standing historic landmark with room to expand the bar facilities inside or out. A fun place with charismatic, popular Owners & staff, (comprising of kitchen, bar, & service staff) that make you want to return time after time, no wonder they have so many loyal customers! Owner will finance with $500,000 minimum down payment or explore a lease option for any serious inquiries. 4,000 sq.ft two story facility on one & a quarter acres of prime property in a popular Central Florida County. There are out buildings for storage, outside tiki bar, parking & room for expansion for a visionary new investor. This business is directly off an extremely busy highway. Outside deck area with tiki bar has a tropical atmosphere with palm trees, lights & candles & is a popular gathering place. There are multiple televisions both inside & outside. Just a short drive to the ocean, close to phenomenal fishing, tournament class golf courses, many local attractions, & less than an hour from Orlando. Email or call Jim Baker at 321-452-3462 for more information on this Bar & Restaurant for sale.
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