Historic Bar & Nightclub With Liquor License
Location Florida,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $1346400
Net Profit / Cash Flow $353868
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1903
Number of Employees 10 - 19
Inventory 330000
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training Will train for 2 weeks at no cost.
Reason for Sale Other business interests.
Description Historic Landmark Bar / Nightclub for sale with property and liquor license. Revenues generated from bar sales, door revenue, and leased space. Property includes 14000 sqft of space and an empty lot which presents significant opportunities. The building has been fully updated to code with many of the historically significant features preserved. Full management is in place. Potential to increase revenue by implementing underutilized areas. The 2008 revenues are partial year for the first 7 months.
Price: $3,750,000.
Revenues: $1,346,400
Owner Benefit: $353,868
Assets: $3,580,000.
Call Andrew Thornock at 904-683-6655 for more information.
Click Here To Contact Seller
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