Popular & Successful Bar & Grill For Sale Palm Harbor
Business Description
Established local’s favorite bar and grill with inside and outside seating, fully equipt kitchen. High net profit, high growth potential and low rent make this rare business opportunity an exciting chance to maximize your return and become part of this thiving and growing high income demographic Palm Harbor community. Buy the business and obtain an SRX license to serve food and spirits or purchase the business with a 4COP license and serve liquor without the food requirement. Excellent lease terms which includes an option to purchase the real estate. Asking price for the business only $700,000. Asking price for the business and the 4COP license $1.2M
About the Business
- Years in Operation
- 8
- Number of Employees
- 5
- Facilities & Assets
- Kitchen equipment, Bar equipment, tables, chairs, outside bar and more.
- Website
- https:www.tonymaccaroni.com
- Market Outlook / Competition
- One of the most popular bars in the area. Other restaurants and bars close by which draw business locally and out of town.
- Opportunities for Growth
- Large growth opportunity. For example, serve food from the fully equipt kitchen to increase sales significantly. When owner served food, gross sales were over $1.1M and that was with only bar food items. A full menu should generate significantly more than $1.1M/year. The area is growing quickly with a large major chain restaurant that moved in and plans to become one of the busiest downtown Pinellas County locations. A main tourist attraction with densly populated local area with high income demographic
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 2,100
About the Sale
- Seller Motivation
- Opening a new location
- Transition Support
- Owner will stay on for 30 days to train
- Financing Options
- Possible seller financing.
Listing Info
- ID
- 2392813
- Listing Views
- 451
Listing ID: 2392813 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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