Historic Lounge & Package Store
Pensacola, FL
| Asking Price: | $4,850,000 |
| EBITDA: | $300,000 |
| Established Year: | 1970 |
| Gross Revenue: | $1,500,000 |
| Real Estate: | $2,425,000 |
Listing ID: 2128938Listing provided by BizBuySell
BUSINESS DESCRIPTION
Successful, well known iconic bar and lounge with a long-standing, rich history.
50+ years in operation, establishment has a loyal following during both on
and off seasons. 60/40 Liquor to Beer ratio. 73% sales margin on alcohol sales.
Development Opportunity: Can support vertical development accommodating 30-50 units
per acre. *Real Estate, Assets, and 4COP Quota Liquor License ALL INCLUDED IN SALE PRICE*
*NOT THE ACTUAL LOCATION - The address is for the brokerage firm.*
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Pensacola, FL
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
3,449
Facilities
Real Estate, Assets, and 4COP Quota Liquor License
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