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Profitable Bar And Restaurant – Live Music Venue For Sale

Sarasota County, Florida, US
Asking Price:
$699,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,453,790
Cash Flow:
$106,693

Bar/Restaurant/Music Venue with an extensive base of loyal local and seasonal customers who enjoy great music from local, regional, and national bands, good food, and excellent people-watching. This opportunity is NOT TO BE MISSED.

The business consistently generates over $1.4M in annual sales with limited operating hours, resulting in Discretionary Earnings after rent of $139,038. Open just 187 days in 2025. (Note: Financials reflect a conventional add-back for rent/lease-to-own expenses.)

The restaurant is available for $699,000 and features indoor and outdoor seating with courtyard dining and live music every night. Open 4:00 PM – 11:00 PM, 3 to 5 days per week depending on the season, averaging 195 operating days per year. Closed Sundays, Mondays, holidays, and during August and September.

Growth Potential: Opportunities to immediately increase revenue by expanding operating days or opening for lunch.

The real estate is available for PURCHASE or LEASE-TO-OWN. A recent appraisal valued the property at over $1.6M.

Flexible Acquisition: Build equity through a seller lease-to-own structure, or utilize seller financing, which requires an additional $250,000 capital infusion for the real estate down payment.

Don't miss this gem of an opportunity!

IMPORTANT NOTICE: This is an operating business being offered for sale CONFIDENTIALLY. Interested parties MUST complete a Confidentiality Agreement (NDA) and provide a Personal Financial Statement (PFS) before specific information, including the business name and location, will be disclosed.

Listing 924-36207

Property Information

Real Estate:

Lease

Lease Terms:

$12,000 per month

Size in square feet:
6,948

Business Operation

Reasons for selling:

Retirement

Employees:
16 PT 3 MGR
Years established:
27

Other Information

Support & training:

Weeks Training: 2 Cost: $0

Financing available:

Seller financing available

See business description

Furniture / Fixtures value:
$88,000 - included in the asking price
Inventory / Stock value:
$5,000 - included in the asking price