Hot Listing
American Dream on the river
Business Description
One of a kind opportunity
Established riverfront restaurant and bar offering a rare waterfront dining experience on the scenic Alafia River in Gibsonton, Florida. This unique property combines dining, entertainment, and prime boating access, creating an irreplaceable hospitality destination.
BUSINESS OVERVIEW
Operating continuously since 1970, this 3,000 square foot establishment generates $1.6 million in annual revenue with $450,000 in cash flow. The business employs 20 staff members and serves a loyal customer base built over decades of operation.
PROPERTY FEATURES
- Prime riverfront location with direct boat access
- Owned real estate valued at $3.3 million included in sale
- Adjacent to Inter-Bay Marina with 135 slips
- Proximity to major public boat ramp serving 200+ boats on weekends
- Non-replicable waterfront positioning
REVENUE DRIVERS
- Established dining operations
- Live music entertainment
- Year-round scheduled events calendar
- Boating community patronage
- Tourism and local clientele
GROWTH OPPORTUNITIES
Significant expansion potential exists on the spacious property:
- Large Tiki Hut bar addition
- Bait shop development (underserved market)
- Storage building conversion to reception hall
- Water sports activities integration
- Increased density potential from county sewer upgrades
FINANCING
Seller financing available: 6-8% interest rate, 20-year term with 10-year balloon, minimum $600,000 down payment.
OWNER SUPPORT
Comprehensive transition assistance provided with contractual support commitment to ensure buyer success.
This turnkey operation represents a once-in-a-lifetime opportunity to own an established riverfront entertainment destination with substantial growth potential in Florida's thriving hospitality market.
BUSINESS OVERVIEW
Operating continuously since 1970, this 3,000 square foot establishment generates $1.6 million in annual revenue with $450,000 in cash flow. The business employs 20 staff members and serves a loyal customer base built over decades of operation.
PROPERTY FEATURES
- Prime riverfront location with direct boat access
- Owned real estate valued at $3.3 million included in sale
- Adjacent to Inter-Bay Marina with 135 slips
- Proximity to major public boat ramp serving 200+ boats on weekends
- Non-replicable waterfront positioning
REVENUE DRIVERS
- Established dining operations
- Live music entertainment
- Year-round scheduled events calendar
- Boating community patronage
- Tourism and local clientele
GROWTH OPPORTUNITIES
Significant expansion potential exists on the spacious property:
- Large Tiki Hut bar addition
- Bait shop development (underserved market)
- Storage building conversion to reception hall
- Water sports activities integration
- Increased density potential from county sewer upgrades
FINANCING
Seller financing available: 6-8% interest rate, 20-year term with 10-year balloon, minimum $600,000 down payment.
OWNER SUPPORT
Comprehensive transition assistance provided with contractual support commitment to ensure buyer success.
This turnkey operation represents a once-in-a-lifetime opportunity to own an established riverfront entertainment destination with substantial growth potential in Florida's thriving hospitality market.
About the Business
- Years in Operation
- 55
- Number of Employees
- 20
- Facilities & Assets
- Business located on the Alafia River at the mouth of the Hillsborough Bay. We have boat access, six docks, 3 are 144ft, 3 are 48ft. There are large oak trees, lots of seating outside. Two bars one inside one outside. Three pool tables, dart board, bowling machine. We have concentrated over the years on improving the infrastructure. There is too much to really describe in this limited ad space. I suggest for you to call me with any questions and see the property in person. Liquor License 4COP includes package sales
- Market Outlook / Competition
- This property is NOT replicable, one of a kind. Massive public boat ramp just west of our facility. Around 200 boats put in at this ramp on Saturday and Sunday. Inter-Bay Marina is a full service Marina, they have 135 slips and are adjacent to us along with Freedom Boat Club
- Opportunities for Growth
- Expansion possibilities are immense. There is plenty of room on the property for a large Tiki Hut bar. Perfect area to the west for a bait shop (nothing really on the river to get bait) There is a storage building that could converted to a reception hall or some other area for sales. The possibilities are many being on the river. Any type of water sports? County upgrading entire area with sewage. The land density will be increased. Teco is burying all electric
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 3,000
About the Sale
- Seller Motivation
- Retiring, planned on 10 years when we bought it, been 13.
- Transition Support
- Anything to make the buyer successful, just tell me what you need. We will put it in the contract
- Financing Options
- 6% to 8% depending on deposit,20 year term with 10 yr balloon, Min $600,000 down
Listing Info
- ID
- 2398625
- Listing Views
- 1099
Attached DocumentsAttachment Disclaimer
Business Location
Listing ID: 2398625 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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