0 Local Neighborhood Bar For Sale Full Package License Near The BchSarasota, FL 34231

  • Retail properties
  • 950 SF
For Sale
$800,000 View listing

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

Property size (Sq ft)
950 SF
Property type
Retail properties
Property subtype
Other retail properties

Description

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.

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

Location Insight

City
Sarasota
County
Sarasota
State
Florida
Latitude
27.2613
Longitude
-82.5132

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