Full liquor bar restaurant in St Pete Beach

Saint Petersburg, FL
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Asking Price:$275,000
Inventory:$70,000
FF&E:$150,000
Gross Revenue:$350,000
Rent:$3,500
Established Year:2022
BUSINESS DESCRIPTION

If you're looking for a great opportunity to own or open a fantastic full liquor bar/restaurant this could be it. Lowest rent in in the St Pete Beach area($3,500 all in) you need to check this out. Known for their great service and friendly staff. Enjoy a fusion of good vibes, delicious fare, wine-tasting experiences, and good music. Saturdays and Sundays Brunch from 10 am to 2 pm, large wine selection, wine tasting every Wednesday. Live entertainment on Wednesday and Saturday. Charcuterie boards and daily specials. Weve priced this less than it would cost to open a new restaurant with all the FFE and all the work to get it licensed for full liquor. No hood system but the landlord is okay if one was to be put in by a licensed contractor.

Sales should exceed $350,000 this year. A full liquor/4COPSFS restaurant license comes with the purchase to a qualified buyer saving you over $500,000 in licensing costs.

All of the hard work and time to put this together, however due to downsizing circumstances the seller has decided to sell. This is a RARE opportunity to purchase a business without the hassle of permitting and construction. The concept can stay the same or change it. This will not qualify for a bank loan. MUST SHOW PROOF OF FUNDS PRIOR TO INFORMATION BEING RELEASED.

Sales are up in 2024. Over 40% from 2023 and still climbing. Lets mention the beautiful buildout of the furniture, fixtures and equipment and the time that you will save from permitting and construction if you built a space like this. There's tremendous dollar value in the lease. Typically, this type of opportunity is best suited for an existing restaurant bar owner that is looking for a better location or another location or even suited for a new operator that doesn’t want the headache of starting from scratch. Theme can be modified.

*** SUBMIT YOUR INFORMATION THRU THE CONTACT SELLER SECTION TO RECEIVE AN ELECTRONIC NON-DISCLOSURE FOR SIGNATURE.***

Information contained herein has been obtained from the Owner of the Property or from sources deemed reliable. We have no reason to doubt its accuracy but make no warranty or representation. All information is submitted subject to errors, omissions, changes, withdrawal without notice and any special listing conditions of the Owner.


DETAILED INFORMATION
Location
Saint Petersburg, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,400
Lease Expiration
01/09/2027
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Gorgeous 2400 sq ft with outside seating.
Competition
Normal
Growth & Expansion
You need to use your imagination
Financing
Make an offer
Support & Training
4 weeks of training included.
Reason for Selling
Downsizing
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Dave Tomeo
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Dave Tomeo