Florida Bar and Grill for Sale with Liquor License St Pete Bch St. Pete Beach, FL 33706

Property Details for Florida Bar and Grill for Sale with Liquor License St Pete Bch

Year built

2019

Property size

2,105 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This thriving St. Pete Beach bar and grill presents a unique investment opportunity. Boasting a prime location within walking distance of the beach, this well-established business benefits from a loyal customer base of both locals and tourists. The 2,105 square foot space, built in 2019, includes an additional 800 square feet of outdoor deck seating, perfect for enjoying Florida's sunshine. The spacious interior comfortably seats 85, complemented by 56 outdoor seats. A state-of-the-art audio-visual system, featuring twelve 65-inch flat-screen TVs, ensures optimal viewing from every seat. The fully equipped commercial kitchen includes a large hood system, walk-in cooler, and walk-in freezer, facilitating efficient operations and a diverse menu. The central U-shaped bar is well-appointed with a four-keg draft cooler, reach-in refrigerated beer coolers, speed rails, and ample space for multiple bartenders. A 10-year lease, expiring January 30, 2029, with a 5-year option, is in place. Monthly rent is $6,487, inclusive of common area maintenance. The business includes a 4COP liquor license and significant equipment, including a Clover POS system, a comprehensive kitchen setup, and outdoor heaters. The asking price is $245,000. This turnkey operation is ready for a new owner to step in and capitalize on its established success. The business operates Sunday through Thursday from 11 am to 9 pm and Friday and Saturday from 11 am to 11 pm. The business employs nine full-time and two part-time employees. Net sales are $500,000.

Location Insight

City

St. Pete Beach

County

Pinellas

State

Florida

Longitude

-82.7401

Latitude

27.7287