businesses for sale


Landmark Bar, Outside Deck, Restaurant  for sale

Location: Central East Coast Region, Florida

Category: Restaurants for sale

Asking price: $1,200,000.00

Description of the business for sale
Landmark Bar With Outside Deck & Restaurant Plus Real Estate For Sale for $1,200,000! The Cheers of the South! Established since 1985, this business is known to be friendly, famous & is well documented in the history books & internet. The NFL Ticket is there in full swing, with televisions inside & outside the establishment. The live entertainment is a big attraction. This place appeals to every age group, the financials speak for themselves! Casual dining downstairs, an intimate cozy atmosphere upstairs & a fun-filled atmosphere outside at the Tiki Bar. Full menu for both lunch & dinner & the food is excellent. The business consists of 65% food & 35% bar & has a 4COP liquor license (valued at approximately $200,000) & a seating capacity inside for 120 guests & more outside. The potential for this business is limitless for an aggressive investor. The two story building is an unique, free standing historic landmark with room to expand the bar facilities inside or out. A fun place with charismatic, popular Owners & staff, (comprising of kitchen, bar, & service staff) that make you want to return time after time, no wonder they have so many loyal customers! Owner will finance with $500,000 minimum down payment or explore a lease option for any serious inquiries.Contact now for more details.

Support / Training provided by seller
Owners have worked hard to have such a successful business & will train & support to promote a smooth transition, if required. Endless possibilities for further expansion in advertising, introducing more entertainment, menu options, or even by expanding the current bar or by creating a new extension. Great location for a liquor store to be added! No concerns regarding competition as its uniqueness makes it an appealing place to be. Reasons for selling:Owners wish to enjoy retirement. Trading hours:7 days per week.

Description of the facilities
4,000 sq.ft two story facility on one & a quarter acres of prime property in a popular Central Florida County. There are out buildings for storage, outside tiki bar, parking & room for expansion for a visionary new investor. This business is directly off an extremely busy highway. Outside deck area with tiki bar has a tropical atmosphere with palm trees, lights & candles & is a popular gathering place. There are multiple televisions both inside & outside. Just a short drive to the ocean, close to phenomenal fishing, tournament class golf courses, many local attractions, & less than an hour from Orlando. Call now for more information on this opportunity!

  • By phone: Confidential
  • Ask for: Jim Baker

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Business details

Matchmaker Business
Merritt Island, FL
Broker Co-op? contact us

Listing Id: 82751
Reference Id: mb828
Year established: 1985
Employees: 15

Asking Price: $1,200,000.00
Revenue: $1,400,000.00
Annual Net: $260,000.00
Down Payment: $500,000.00

Business Type:
Non Relocatable Business

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