Hot Listing
Busy bar, restaurant and live music venue 4COP included
Business Description
Established bar, restaurant and live music venue operating successfully since 1998. This turnkey operation currently generates $2.1M in annual revenue with approx 25 employees in a prime northern Palm Beach County location.
Key Features:
• Nearly 30 years of continuous operation with established customer base
• 4,900 sq ft facility with lease through June 2035 with options
• Fully equipped kitchen and bar operations
• Live entertainment venue capability
• Absentee owner operation demonstrating strong management systems
• Stable competitive environment
Financial Highlights:
• Annual Revenue: $2,100,000
• Monthly Lease: $17,200
• Asking Price: $750,000
• Strong revenue multiple indicating solid market position
This is an ideal opportunity for an investor or operator seeking an established hospitality business in one of South Florida's most desirable markets. The combination of bar, restaurant, and live music venue provides multiple revenue streams and broad customer appeal. Also, perfect for a concept change or franchise.
The business benefits from it's population, tourist traffic, and proximity to beaches and golf courses. With nearly three decades in operation, this venue has built strong brand recognition and customer loyalty in the local market.
Additional confidential information available to qualified buyers with executed NDA.
Partipating with brokers.
Looking for quick sale!
Key Features:
• Nearly 30 years of continuous operation with established customer base
• 4,900 sq ft facility with lease through June 2035 with options
• Fully equipped kitchen and bar operations
• Live entertainment venue capability
• Absentee owner operation demonstrating strong management systems
• Stable competitive environment
Financial Highlights:
• Annual Revenue: $2,100,000
• Monthly Lease: $17,200
• Asking Price: $750,000
• Strong revenue multiple indicating solid market position
This is an ideal opportunity for an investor or operator seeking an established hospitality business in one of South Florida's most desirable markets. The combination of bar, restaurant, and live music venue provides multiple revenue streams and broad customer appeal. Also, perfect for a concept change or franchise.
The business benefits from it's population, tourist traffic, and proximity to beaches and golf courses. With nearly three decades in operation, this venue has built strong brand recognition and customer loyalty in the local market.
Additional confidential information available to qualified buyers with executed NDA.
Partipating with brokers.
Looking for quick sale!
About the Business
- Years in Operation
- 27
- Number of Employees
- 25
- Facilities & Assets
- 125 Seats with 170 total occupancy
4COP beverage license (Beer, Wine and Liquor; consumption on premises or package sales)
Dart boards, dance floor, band stage, DJ booth
5 Pool tables, electronic games, jukebox, atm (leased and commissionable)
Full line kitchen with 12ft hood providing full menu for in house and delivery, all new kitchen equipment 2024 - Market Outlook / Competition
- stable
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,900
- Rent
- $17,200.00 per month
- Lease Expiration
- 6/2/2035
About the Sale
- Seller Motivation
- Personal
- Financing Options
- TBD
Listing Info
- ID
- 1838411
- Listing Views
- 1351
Listing ID: 1838411 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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