Exceptional Bar & Restaurant Opportunity in Pinellas County

Clearwater, FL
Stock Photo
Asking Price:$375,000
Gross Revenue:$1,593,565
Rent:$9,157
Established Year:2020
Cash Flow:$120,980
Inventory:$25,000
FF&E:$185,000
BUSINESS DESCRIPTION

Presenting an extraordinary business opportunity—an exquisitely designed bar and restaurant strategically located in beautiful Pinellas County, boasting a coveted 4COP SFS liquor license. This establishment seamlessly merges traditional American flavors with a touch of European elegance, promising an unparalleled culinary experience for their customers. Nestled on a dynamic, high-traffic street, it offers a prime opportunity for a steady influx of potential patrons, making it an appealing venture for an innovative entrepreneur wanting to elevate it to unprecedented heights.

With alcohol sales currently well below the allowed 49% threshold of total sales allowed for the 4COP SFS liquor license, there is huge potential to increase revenue by maximizing the bar and selling more alcoholic beverages.

In addition, by extending the hours (the restaurant currently closes at 9PM) and opening on Mondays for football or providing entertainment, there is additional untapped revenue potential.

Key Features:

Contemporary Design Oasis:
Step into a space with contemporary style and sophistication, exuding a cool, relaxed vibe. The carefully designed interior showcases sleek decor, crafting an inviting environment, ensuring an unforgettable experience for patrons.

Culinary Brilliance:
Delight your clientele with an exceptional menu seamlessly fusing the best of American classics and European inspirations. From mouthwatering burgers and crisp, savory salads to delectable sandwiches and desserts, each dish is meticulously crafted for an unforgettable dining adventure.

Live Music and Dynamic Atmosphere:
Enhance customer satisfaction and engagement through live music performances. The stage is set for local musical talents to captivate guests, creating an electric ambiance that entices customers to return repeatedly.

Exclusive Event Haven:
Unlock diverse revenue streams by offering a private event room, ideal for hosting parties, celebrations, and corporate gatherings. This dedicated space allows for personalized experiences, ensuring unforgettable moments for guests and a boost to your financial success.

Connected Gourmet Treats Boutique:
Maximize profit potential with an adjacent boutique offering a curated selection of delicious treats. Seize the growing demand for gourmet delicacies and specialty items, providing added convenience for patrons while elevating overall profitability.

+++Business name and location disclosed upon submission of a signed NDA and proof of funds. Absolutely no exceptions.+++

+++Financials to be proven by the owner for the year 2023.+++

This exceptional opportunity invites an entrepreneur with foresight to take ownership of a business that has already established a foundation for success, seamlessly blending tradition and modern elegance to create a unique and memorable destination for patrons.


DETAILED INFORMATION
Location
Clearwater, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,000
Lease Expiration
01/07/2028
Employees
22
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Located in a strip mall on a very busy street, property has lots of parking in the back of the building.
Competition
Food sales are significantly higher than alcohol sales, there is room to increase business by maximizing the bar and coming closer to alcohol sales allowance.
Growth & Expansion
Retail treats portion of the store has even greater potential.
Support & Training
Owner willing to offer two weeks of training at no cost to buyer.
Reason for Selling
Other interests.
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Thanasi
Pantazelos
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Thanasi Pantazelos