For Sale
$800,000

Local Neighborhood Bar For Sale Full Package License Near The Bch Sarasota, FL 34231

Profitable Beachfront Bar; Turnkey Operation

Overview

Added:
Dec 11, 2024
Days on market:
137
This established neighborhood bar in Sarasota, Florida (zip code 34231), presents a unique investment opportunity. Priced at $800,000, this 950-square-foot turnkey operation boasts a full liquor license, a loyal customer base, and a prime location near one of the nation's best beaches. The business enjoys a strong reputation and benefits from Sarasota's status as a top relocation destination. The current lease has nine years remaining, with a very low monthly rate of $850, inclusive of CAMs, taxes, and insurance. The bar features a 4-6 foot bar cooler, 25 bar stools, and a pool table. While the current annual gross revenue is $562,000, the cash flow is currently zero. Inventory is not included in the asking price. The sale is a business sale only; real estate is leased. The business employs six people. The seller is motivated by personal reasons and is offering one week of support for a smooth transition. This rare opportunity combines a coveted full liquor license with a remarkably low lease rate, presenting significant potential for growth and profitability under new ownership. The bar has seating for 25 patrons indoors. There is no hood system. This is a business sale only; the real estate is leased.

Highlights

  • Established neighborhood bar with full liquor license.
  • Turnkey operation ready for immediate transfer.
  • Prime location near a top-rated US beach in Sarasota, Florida.
  • Strong, loyal customer base.
  • Located in Sarasota, a premier relocation destination.
  • Business sale only; not a franchise.

Property Details for 0 Local Neighborhood Bar For Sale Full Package License Near The Bch

Property type
Retail properties, Restaurants
Square Feet
950 SF

Location Insight

City
Sarasota
County
Sarasota
State
Florida
Latitude
27.2612782
Longitude
-82.5131717

FAQs

What type of property is this?
Retail property - Profitable Beachfront Bar; Turnkey Operation
Where is the retail property located?
The property is located at Local Neighborhood Bar For Sale Full Package License Near The Bch Sarasota, FL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Established neighborhood bar with full liquor license.; Turnkey operation ready for immediate transfer.; Prime location near a top-rated US beach in Sarasota, Florida.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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0 Local Neighborhood Bar For Sale Full Package License Near The Bch
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