Beachfront Freestanding Restaurant / Bar
Location Florida,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1952
Number of Employees 10 - 19
Inventory 385000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Seller will train for 2 weeks
Reason for Sale Retirement
Description This important beach-side property consists of 2 parcels; 6,674 free stand. building housing a world famous 60+ year bar w/kitchen. Adjacent property is a paved 56 space parking lot for beachside patrons. Revenues derived from liquor sales, parking lot (ave.100 cars/day at $7.00 ea.), leasing of beach concession at$1,800/mo.(current FMV). Buyer financial statement needed before disclosure. Both properties are unique, on the sand & can be operated as is or redeveloped in the vision of the lucky new owner. Please refer to listing #16417113 & ask for Randy Bring when inquiring.
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