Local Neighborhood Bar For Sale Full Package License Near The Bch Sarasota, FL 34231
- Retail properties
- 950 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Local Neighborhood Bar For Sale Full Package License Near The Bch
- Property size
- 950 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Sarasota
- State
- Florida
- Longitude
- -82.5132
- Latitude
- 27.2613
