100% Absentee Operated Bar / 4COP

St Lucie County, FL
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Asking Price:$499,000
Gross Revenue:$366,643
EBITDA:$61,326
Established Year:2014
Cash Flow:$61,326
Inventory:$12,000
FF&E:$25,000
BUSINESS DESCRIPTION

100% ABSENTEE OPERATED BAR/4COP. All buyers must provide proof of funds and background info along with a signed NDA. This is a golden opportunity for someone looking to get into the very profitable "BAR" business. Established in 2020 during the pandemic and despite all those obstacles has developed a loyal clientele. With many amusements to keep patrons busy while they’re drinking: pool table, Juke Box, Darts, and other arcade games. Limited food to keep it simple. The most coveted liquor license, the 4COP quota license, allowing full liquor & package sales and smoking inside. The establishment was formerly another bar, and this entrepreneur gutted it and started from scratch; a lot of money was spent on build out. Many growth opportunities for a new owner: add a daily social media platform, website, Live Entertainment, additional food options, etc. It's a BAR, so the numbers are the numbers, see them as you will. The big thing here is this is 100% turnkey, and with an owner operator in place, the numbers will change quickly. Call today, this one will not last long. 100% CASH deal only. Manager works 6-8 hours a week, just to pick up money deposits. Owner orders the liquor.

2023 financials do not show the depreciation & interest expense.

The 4-COP Quota Liquor License valued at approximately $450,000 is fully transferable to anywhere within the county.


DETAILED INFORMATION
Location
St Lucie County, FL
Inventory
Included in asking price
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease/Month: $4,227. Square Footage: 1,600. Building Type: End Cap Small Plaza. Terms & Options: 5 years with 3-5 year option. Expiration Date: 6/30/2025. Leasehold: $75,000.
Support & Training
Seller will train buyer for one week at no cost to buyer.
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Bob
Leone
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Bob Leone