Clearwater Beach Restaurant & Bar OPPORTUNITY! INCREDIBLE LOCATION!

Clearwater Beach, FL

Seller Financing Available

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Asking Price:$350,000
Established Year:2020
ASSET SALES DESCRIPTION

HAVE YOU EVER WANTED TO OWN AND OPERATE A BEACH RESTAURANT/BAR!
This former Bar & Restaurant has been taken over by the landlord and he’s giving someone an amazing opportunity at a low price.

PLEASE NOTE: THIS IS BEING OFFERED AS A “KEY MONEY” SECOND GENERATION RESTAURANT/BAR DEAL BY THE LANDLORD AND THERE ARE NO FINANCIALS TO SHOW. BUYER MUST SHOW PROOF OF FUNDS PRIOR TO RELEASING THE INFO

The restaurant/bar cost the landlord over $750,000 to build out. The landlord has completed extensive remodeling, making it ready for immediate operation. You can take over for a fraction of the cost.
This is a RARE opportunity to acquire a second generation restaurant and bar in a PRIME location just steps from the Beach, nestled between many hotels within 200 feet of approx 1,000 hotel rooms.

This Key Money Deal" offers exceptional value in its lease, leasehold improvements, and minimally equipped with furniture, fixtures, and equipment. Equipped with a walk in cooler, walk in freezer, walk in beer cooler with draft system, 15 foot hood, grease trap and some FF&E.

The venue features indoor and outdoor seating for approximately 170 guests, a fully equipped bar inside, fully equipped bar outside and fully equipped kitchen. It is set up for live and DJ entertainment, offering both indoor and open-air patio experiences.

Additionally, it qualifies for a FULL LIQUOR LICENSE (4COP-SFS), saving you over $500,000 in licensing costs because you do not have to purchase the expensive 4cop Quota license. Must follow the 51% food rule to keep the 4cop SFS. This has been a restaurant/bar for many years however unfortunate circumstances was taken back over by the landlord.

Building space approximately 5500 sq ft +/- with asking rent of $20,000 per month NNN making it an ideal opportunity for an existing restaurant or bar owner looking to expand or relocate without the hassle of construction and permitting.

Don’t miss out on owning a restaurant and bar in one of the most sought-after locations. Secure this deal before someone else does.


DETAILED INFORMATION
Location
Clearwater Beach, FL
Facilities
Second generation restaurant bar
Financing
To a qualified buyer with $250,000 down, remainder over 36 months at 8%
Reason for Selling
Landlord has taken possession of space
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George
Antonaklas
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George Antonaklas