Description of the business for sale
Established Busy Highway Tavern Bar & Grill for sale for $1,100,000. Popular, busy & well established. The only place of its kind north of State Road 528 in North Merritt Island that holds a valuable 4COP liquor license! The liquor license is valued at over $200,000+ & the real estate is valued at $525,000! Impressive & very clean tavern bar & grill, with a scrumptious menu that keeps the customers coming back time after time. The menu includes a tasty variety of good foods for dine-in or take-out service from prime rib to wings, award winning pizza & special recipe barbeque. Customers include many Kennedy Space Center employees (just 3 miles north), as well as the north Merritt Island residential population which is growing rapidly & other local residents that know a good place to eat out or just relax in the company of friendly people. Revenues comprise of 45% food & 55% liquor. The interior has a large bar area that seats up to 108 guests. It has a warm atmosphere with hardwood floors, pool tables & cheerful staff. There is also a fully equipped organized tiled kitchen & inside & outside bathrooms. Outside is a large deck area & lots of parking on asphalt paving with neat curb appeal. Good business that is fully turnkey call now for more information.
Support / Training provided by seller
Owner will provide support & training as needed.
Reasons for selling:Owner wants to enjoy retirement.Trading hours:Monday through Saturday from 11:00am to 2:00am, Sunday 12:00 noon until 10:00pm. Financing available:Owner will consider some financing with 20% down payment. Owner will take contract for deed. Good growth potential. There is a very large sports complex opening directly behind this business which is expected to increase the already impressive profit ratio of this business. Very little competition.
Description of the facilities
Prime location 3,400sq.ft facility on busy four lane highway in Merritt Island, Brevard County, Florida. Over 26,000 vehicles pass this tavern bar everyday. It is surrounded by established homes & several large scale subdivisions that have sprung up over the past several years. It even has a new 80 acre sports complex being built right at its back door, which will consist of multiple sports field, tennis courts, playgrounds, concession stands & meeting rooms! This area is a sightseers & sports lovers paradise. Golf Courses, Kennedy Space Center, Cruise Terminals, miles of sun drenched beaches, surfing, & great boating & fishing on the Famous Indian River Lagoon, all within close proximity to this welcoming tavern bar. Orlando too, is only 45 minutes away! Location, loca