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Prime Location Absentee Owner 50 Est Renovated Bar-Restaurant for sale in Pinellas County,, FL

Pinellas County,, Florida (FL)

Asking Price: Gross: Cash Flow:
$ 595,000 $ 1,600,000 $ 275,000

Furniture and Fixtures Value:
$ 125,000 (included in the asking price)

Inventory Value:
$ 5,000 (included in the asking price)

Real Estate:
(not included in the asking price)

Business Summary:
VERY PROFITABLE! Absentee Owner, Over 50 years of experience in the restaurant and bar industryReal estate opportunity as wellLarge restaurant and bar located in 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 a large outside seating pavilion. There is also a large kitchen, a large bar area, and plenty of seating. Well-known name in the communityNew owner can change the concept to whatever they like• Prime Location: Less than one block from the 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 opportunityDon’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 basisMove quickly, this will not last long on the market, and also on the opportunity to buy the building4-COP SRX Beer on wine license. Perfect for E2 visa opportunity. Please refer to listing number 3353512892, business broker Joe DiBartolo(352) 999-1815 when inquiring about this listing.

 

   
Year Business was Established: 1975
   
Facilities / Terms of Lease: Lease/Month: 5400 Square Footage: 2000 Building Type: FREE STANDING Terms & Options: Expiration Date: 12/31/2026  
   
Competition: Non Compete : Miles: 3 Years: 3  
   
Owner willing to finance: Loan/Seller - Amt: 200,000 Mos: 60 Rate: 7.00 Mo Pmt: 3,960.24  
   
Owner willing to train: Weeks Training: 1 Cost: $0  
   
Reason for selling: PERSONAL  
   
Seller Reference Number: 3353512892
BusinessMart.com Listing Number: 318902
 

 

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For more info contact:

Andrew R. Cagnetta Jr.

Transworld Business Brokers of Central Florida
407-226-7171

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