For Sale
$169,900

0 University DrPembroke Pines, FL 33024

Historic Bar, Prime Location, Owner Retiring

Overview

Added:
Dec 11, 2024
Days on market:
114
This established Pembroke Pines bar, operating since 1969, presents a unique investment opportunity. The business, known as Sun Swept Inn, boasts a rich history as the oldest bar in the city. Currently configured with seating for 43 inside and additional outdoor seating, the bar features pool tables, numerous game machines, a jukebox, and a full bar with a beer and wine license. A fryer with a hood system and a new draft beer cooler are included. The business benefits from a low monthly rent of $2,369. The current owner is retiring after 20 years and is offering the business, including all inventory at closing, to a new owner. The property has significant potential for expansion, with an additional bay available for rent, allowing for the addition of a liquor license. Buyers can renew their lease with the management company upon purchase. The seller prefers to schedule showings and requests that potential buyers not disclose their interest to employees. Detailed financial records will be provided to the buyer upon request. Built in 1968, this is a turnkey operation ready for a new owner to continue its success.

Highlights

  • Asking Price: $169,900
  • Established Retail Business (Bar) in Pembroke Pines, FL
  • Built in 1968, seats 43 inside with outdoor seating
  • Existing Beer & Wine license, new draft beer cooler, fryer with hood system
  • Monthly rent: $2,369, potential for expansion and liquor license.

Property Details for 0 University Dr

Property type
Retail properties
Year Built
1968

Location Insight

City
Pembroke Pines
County
Broward
State
Florida
Latitude
26.0271945
Longitude
-80.2489012
University Dr, Pembroke Pines, Florida

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0 University Dr
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