0 University Dr Pembroke Pines, FL 33024
This established Pembroke Pines bar, operating since 1969, presents a unique investment opportunity. The business, known as Sun Swept Inn, boasts a rich history as the oldest bar in the city. Currently configured with seating for 43 inside and additional outdoor seating, the bar features pool tables, numerous game machines, a jukebox, and a full bar with a beer and wine license. A fryer with a hood system and a new draft beer cooler are included. The business benefits from a low monthly rent of $2,369. The current owner is retiring after 20 years and is offering the business, including all inventory at closing, to a new owner. The property has significant potential for expansion, with an additional bay available for rent, allowing for the addition of a liquor license. Buyers can renew their lease with the management company upon purchase. The seller prefers to schedule showings and requests that potential buyers not disclose their interest to employees. Detailed financial records will be provided to the buyer upon request. Built in 1968, this is a turnkey operation ready for a new owner to continue its success.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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