Confidential Listing: Upscale Lounge/Cigar Bar Potential in Sarasota
Business Description
An exceptional and rare opportunity awaits a discerning entrepreneur to acquire a meticulously designed and custom-built lounge/bar in the highly sought-after Sarasota area. This confidential listing presents a truly turn-key establishment, boasting an exquisite build-out and sophisticated ambiance that will captivate clientele.
Strategically located in a vibrant and growing community, this establishment benefits from significant foot traffic and a thriving local scene. The absence of a kitchen provides a streamlined operation, focusing solely on a premium bar experience. This offering is ideal for a visionary operator looking to launch an upscale cocktail lounge, cigar bar, private club, wine bar, or similar concept in a stunning, ready-to-operate environment.
Strategically located in a vibrant and growing community, this establishment benefits from significant foot traffic and a thriving local scene. The absence of a kitchen provides a streamlined operation, focusing solely on a premium bar experience. This offering is ideal for a visionary operator looking to launch an upscale cocktail lounge, cigar bar, private club, wine bar, or similar concept in a stunning, ready-to-operate environment.
About the Business
- Years in Operation
- 4
- Number of Employees
- 20
- Facilities & Assets
- Full lounge build-out, furniture, and bar equipment.
- Market Outlook / Competition
- The market is robust, comprised primarily of affluent professionals and retirees seeking sophisticated leisure options. While numerous restaurants with bars exist nearby, a dedicated upscale bar focusing solely on an elevated beverage experience is notably absent. This presents a significant opportunity to cater to a discerning clientele eager for a premium, non-dining focused social venue.
- Opportunities for Growth
- This establishment is ideally positioned within one of Florida's fastest-growing and most desirable areas. The rapid population influx, particularly of high-net-worth individuals and retirees, fuels a strong demand for upscale entertainment. With no direct competitors solely focused on an elevated bar concept, there's a significant opportunity to capture a premium market segment and quickly establish this lounge as the go-to destination for sophisticated nightlife and social gatherings.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Transition Support
- Negotiable
- Financing Options
- This is anticipated to be an all-cash transaction, as traditional SBA or commercial f
Listing Info
- ID
- 2379419
- Listing Views
- 1677
Listing ID: 2379419 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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