Listing Number: 7101-105640
Description
Opportunity to purchase a turnkey Bar/Restaurant in a high and dry area in St. Augustine on busy thoroughfare. Steady stream of locals are expected to bring in revenues of over $600,000 this year. Live music on the weekends and special events during the week make this bar a destination. Major renovations occurred at this well-known bar when purchased in 2021. Seller has other businesses and can't focus on them all. Plenty of opportunity to grow with advertising as well as expanding this space as a special event venue and catering. Currently opens at 4pm on weekdays, so hours could easily be expanded. 4COP SRX license in place, 150 seats. Opportunity for a 10-year lease, if desired. Strong staff in place. PFS and/or Buyer Profile are required.
Listing Details
- Price: $ 199,000
- Down Payment: $199,000
- Sellers Discretionary Earnings: $ 0
- Total Sales: $ 0
- Location: St. Johns County, Florida
- Inventory: $ 25,000
- FF&E: $ 65,000
- Employees: 10
- Year Established: 2002
- Reason for Selling: Other Business Interests
- Category: Restaurants
