Property profile

0 Local Neighborhood Bar For Sale Full Package License Near The Bch Sarasota, FL 34231

OFF-MARKET
Retail properties & Spaces
950 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This established neighborhood bar in Sarasota, Florida (zip code 34231), presents a unique investment opportunity. Priced at $800,000, this 950-square-foot turnkey operation boasts a full liquor license, a loyal customer base, and a prime location near one of the nation's best beaches. The business enjoys a strong reputation and benefits from Sarasota's status as a top relocation destination. The current lease has nine years remaining, with a very low monthly rate of $850, inclusive of CAMs, taxes, and insurance. The bar features a 4-6 foot bar cooler, 25 bar stools, and a pool table. While the current annual gross revenue is $562,000, the cash flow is currently zero. Inventory is not included in the asking price. The sale is a business sale only; real estate is leased. The business employs six people. The seller is motivated by personal reasons and is offering one week of support for a smooth transition. This rare opportunity combines a coveted full liquor license with a remarkably low lease rate, presenting significant potential for growth and profitability under new ownership. The bar has seating for 25 patrons indoors. There is no hood system. This is a business sale only; the real estate is leased.

Property profile

Verified
Property type Retail properties & Spaces
Total area 950 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Local Neighborhood Bar For Sale Full Package License Near The Bch Sarasota, FL 34231
Sarasota metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Local Neighborhood Bar For Sale Full Package License Near The Bch?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message