Bar and Grill for Sale in Florida - Over $1MM in Sales $200,000 Owner Benefit

Buy this Bar and Grill for Sale in Florida and live the good life in a state that's business friendly and has no state income tax!  Money maker has it all. Sales of over $1.1 million delivers over $200,000 to the bottom line for an owner operator. 

Casual, Contemporary Gourmet Bar & Grill for sale has a talented and experienced kitchen staff that specializes in delivering fresh foods perfectly prepared and presented.  In business for seven years, this business has a clear understanding of who their customer is.  They have built a solid base providing new owners a clear path to long term success. Full Liquor Bar with 20 Seats and Indoor Dining seats another 100.  That doesn't count the outdoor spots where a Covered Porch, and patio handle another few dozen.  Total capacity inside and out is 182 Seats.

Perfect books and records spell out every dollar of benefit shown for an owner/operator including his salary, lease payments for his personal expense and other items.  This should qualify for lending with our SBA lenders with these great results of over $200,000 for an owner operator.   

This Bar & Grill for Sale by the Restaurant Brokers is licensed as a full service restaurant with seating and an SRX 4COP Liquor License. Staff size varies with season at the bar and grill for sale.  During the high season the Bar and Grill for Sale operates with a total of 28-29 employees. This includes working owners, full and part time staff. During low season, staffing drops to a total of 18-20 persons. 5 year lease with option to renew for an additional 5 years. 3 years remaining on the original 5 year term. 3,000 Square foot +/- Building is approximately 30’ x 100’ plus 30’ x 15’ Covered Front Porch and 10’ x 40’ Umbrella Patio. Currently, $2,750 per month for remainder of initial lease term (3 yrs) plus Sales Tax of 7.0%. 

The owners are willing to provide 2 weeks transitional training at no additional cost. Owner #1 is also willing to perform his current duties in the kitchen at a substantially reduced rate for up to 1 year. The Bar and Grill for Sale has been a labor of love and the year-round clientele of supporting locals is paramount to the success. Snowbird business in season is the icing on top. Owner #2 is also be willing to work as a server, bartender or trainer at reduced rates for the same term to help provide a smooth and successful transition with the year-round residents. They want the hand off to be seamless and make available all the tools for new owners to succeed. 

Contact Certified Restaurant Broker Robin Gagnon today for more information on this great moneymaking opportunity and six figure income at this bar and grill for sale. 

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Listing

  • Listing#: 5004
  • Price: $499,000
  • Location: Englewood
Lease Term: 5 year lease with option to renew for an additional 5 years
Monthly Rent: $2,750
Indoor Seating: 118
Inside Sq. Ft: 3000
Hood System: Yes
Hours Open: 7:00 AM - 9:00 PM Sun-Wed and 7:00 AM - 10:00 PM Thurs-Sat
# of Part-Time Employees: 6 (off season)
# of Full-Time Employees: 13 (off season)
Net Sales: $1,118,571
Owner Benefit: $209,251

Features

  • live the good life in a state that's business friendly
  • Sales of over $1 million
  • delivers a cool six figures to the bottom line
  • Casual, Modern American Gourmet Bar & Grill for sale
  • Has talented and experienced kitchen staff
  • Full Liquor Bar with 20 Seats and Indoor Dining seats another 100
  • 3,000 Square foot
  • $2,750 per month for remainder of initial lease term
  • Bar and Grill for Sale