Highly profitable and well-established bar and grill in Palm Harbor generating $800,000 in annual revenue and $255,000 in Seller’s Discretionary Earnings. Established in 2017, this local favourite offers strong cash flow, a loyal customer base and significant upside in one of Pinellas County’s thriving, high-income communities.
The business features indoor and outdoor seating, a fully equipped kitchen and complete bar setup, attracting both regular local patrons and visitors. Located in a busy area surrounded by other restaurants and bars, the venue benefits from strong foot traffic and a growing demographic. The operation is known as one of the most popular bars in the area, with excellent lease terms and an option to purchase the real estate.
There is substantial expansion potential. When food service was previously offered, gross sales exceeded $1.1 million annually with a limited bar menu. Reintroducing a full food menu from the existing fully equipped kitchen could significantly increase revenue beyond prior levels. Buyers may obtain an SRX licence to serve food and spirits or purchase the business with a 4COP licence to serve liquor without food requirements. The asking price is $700,000 for the business only, or $1.2 million including the 4COP licence. The real estate is available separately for $1,000,000.
The owner will provide 30 days of training to ensure a smooth transition. This is a rare opportunity to acquire a high-performing Palm Harbor bar and grill with strong profits, growth potential and optional real estate acquisition.
