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Listed by:

Transworld Business Brokers of North Florida

Cheers To Success: Own An Iconic Jacksonville Florida For Sale

Duval County, Florida, US
Asking Price:
$2,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,644,526
Cash Flow:
$469,619

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 include 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. The 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.

Property Information

Real Estate:

Lease

Lease Terms:

Lease Expiration Date
February 1, 2028, 9:00:00 PM
Terms Options
9 years with 3-3 years options

Leasehold Rent:

$37,000 per annum

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Retirement

Trading hours:

Capacity to remain open till 2am daily

Employees:
35
Years established:
2005

Other Information

Support & training:

Weeks: 3 Cost: $0

Furniture / Fixtures value:
$100,000 - included in the asking price
Inventory / Stock value:
$50,000 - included in the asking price