Status: Active

Drastic Price Reduction Casual Beach Bar & Grill in historic downtown setting

$ 389,000 -
Reduced 29% The NEW Drastic Price Reduction to $389,000 This restaurant and Bar is a must see for anyone looking to find a well established operation with a loyal local following. This restaurant offers reasonably priced first-class dining for Breakfast, Lunch and Dinner in a casual Beach-Bar setting with plenty of flat-screen TVs to keep up with your favorite Team while enjoying award-winning food and a full bar. The owners have spent 8 years catering to the community and have established the restaurant and bar as a year-round favorite for locals and Snow-birds alike, rewarding the owners with strong annual Net income year after year. Business Description: This Restaurant and Bar is located in a mayor Tourist area in Sarasota County close to the water and marina; it is in excellent working condition and needs little to no Capital investment to continue to operate. Plenty of parking is available in the adjacent private lot. Positive cash flow. The Kitchen offers an approachable, modern American menu with regional specialties seven days a week. * PLENTY OF POSITIVE CASH FLOW! * 20 Seat Full Bar SRX, 4COP Licensed * High Traffic Area * Casual Atmosphere * Fully Equipped Kitchen * LARGE PRIVATE PARKING LOT * 3,000 Square Feet Restaurant and Bar under air-conditioning * plus 850 Square Feet covered and shaded patio * over 160 seats in total
REVENUES -  $ 1,100,000
REAL ESTATE -  Not Disclosed
CASH FLOW -  $ 2,350
FF&E -  $ 178000
MLS CODE -  Not Disclosed

NDA & Disclaimer

Non-Disclosure Agreement:
For further details, please sign and submit our NDA form. You don't have to print it, scan it or fax it as the whole process is completed online. Once we get it, we will come back to you shortly with more details.

The information in this listing has been provided by the business seller. The business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.