452 000 Odessa, FL 33556
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.