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Absentee Bar In Florida For Sale

Saint Lucie County, Florida, US
Asking Price:
$599,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$366,643
Cash Flow:
$61,326

100% Absentee operated bar/4cop. All buyers must provide proof of funds and background info along with a signed NDA. This is a golden opportunity for someone looking to get into the very profitable "BAR" business.

Established in 2020 during the pandemic despite all those obstacles has developed a loyal clientele. There are many amusements to keep patrons busy while they’re drinking: pool table, jukebox, Darts, and other arcade games.

Limited food to keep it simple. The most coveted liquor license, the 4COP quota license, which allows full liquor & package sales and smoking inside. The establishment was formerly another bar, and this entrepreneur gutted it and started from scratch; a lot of money was spent on build-out.

Many growth opportunities for a new owner: add a daily social media platform, website, Live Entertainment, additional food options, etc. It's a BAR, so the numbers are the numbers, see them as you will. The big thing here is this is 100% turnkey, and with an owner-operator in place, the numbers will change quickly.

Enquire today, this one will not last long. 100% CASH deal only. The manager works 6-8 hours a week, just to pick up money deposits. The owner orders the liquor. 2023 financials do not show the depreciation & interest expense.

4-COP Quota Liquor License: $487,000 (Included in the asking price).

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: $4,227
Terms & Options: 5 years with 3-5 year option
Expiration Date: 6/30/2025

Location:

Saint Lucie County / Treasure Coast / Southeast Florida

Premises Details:

Building Type: End Cap Small Plaza
Square Footage: 1,600
Leasehold: $75,000

Business Operation

Reasons for selling:

Downsizing Responsibilities

Employees:
4
Years established:
10

Other Information

Support & training:

Seller will train buyer for one week at no cost to buyer.

Furniture / Fixtures value:
$25,000 - included in the asking price
Inventory / Stock value:
$12,000 - included in the asking price