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Cheers to Success: Own an Iconic Jacksonville Florida Bar ! for sale in Duval County, FL

Duval County, Florida (FL)

Asking Price: Gross: Cash Flow:
$ 2,500,000 $ 2,644,526 $ 469,619

Furniture and Fixtures Value:
$ 1,000,000 (included in the asking price)

Inventory Value:
$ 50,000 (included in the asking price)

Business Summary:
Location - Location - Location !!! The opportunity is here for you to own an Iconic Jacksonville Bar that locals have enjoyed for almost 50 years ! With a large capacity of over 10,000 sq feet, the entertainment space consists of multiple venues that includes a 4COP liquor license associated with the building lease. The front bar space sits directly on the populated street while the back bar allows for walk up bar services while enjoying the relaxing Florida sunshine. Your guests will enjoy a full drink menu, various bands, special events, sporting events, billiards, and darts. Staff is fast, friendly, and energetic creating a fun environment for all guests. Current owner is reluctantly retiring to focus efforts on other business interests.A new owner has a great opportunity to rebrand and build this bar to make it their own creating a new legacy in Jacksonville.Please refer to listing 7101-958951 and ask for Tim Hamilton when inquiring.

 

   
Year Business was Established: 2005
   
Number of Employees: 5PT/30FT  
   
Facilities / Terms of Lease: Monthly Rent $37,000.00 Square Units (Foot, Meter) 12,000 Lease Expiration Date February 1, 2028, 9:00:00 PM Terms Options 9 years with 3-3 years options  
   
Owner willing to finance: N/A  
   
Owner willing to train: Weeks Training: 3 Cost: $0  
   
Reason for selling: Retirement  
   
Seller Reference Number: 7101958951
BusinessMart.com Listing Number: 320158
 

 

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For more info contact:

Andrew Cagnetta

Transworld Business Brokers
904-992-2223

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