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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

452 000 Odessa, FL 33556

1,960 SF Built 2020
Property ID
Property summary
AI-generated overview

This established Odessa, FL bar is a turnkey opportunity for a savvy investor. Boasting $452,833 in gross revenue in 2023, this 1,960 square foot bar features both indoor and expansive outdoor patio seating. The current lease, valid until January 28, 2031, with options, includes all CAMs and taxes at a monthly cost of $9,273.09. Located in a newer shopping center with ample parking, this bar benefits from a fast-growing community and high median income exceeding $100,000. The sale includes a fully equipped bar with extensive inventory of equipment (detailed inventory available upon request), a fully staffed operation, and a prepared Franchise Disclosure Document (FDD) for potential expansion and franchising. The current owner has already cultivated a list of over ten potential franchisees. This is a rare opportunity to acquire a profitable, established business with significant growth potential. The business is an asset sale, and inventory is not included in the asking price of $199,999. Seller financing is not available. The bar's hours of operation are Sunday 12pm-10pm, Monday-Thursday 3pm-10pm, and Friday and Saturday with extended hours. Four part-time employees are currently in place. The business has been operating successfully since 2020.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2020
Total area 1,960 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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