MOTIVATED SELLER! Thriving Bar & Restaurant on a Beautiful Lazy River

Pinellas County, FL

Seller Financing Available

listing image
Asking Price:$199,000
Inventory:$8,000
Cash Flow:$151,900
Established Year:2015
BUSINESS DESCRIPTION

Imagine owning a hidden gem in the heart of Clearwater, overlooking a serene lazy river. This enchanting bar and restaurant offers a relaxed waterfront dining experience, complete with a fully equipped and beautifully maintained bar, consistently earning excellent customer reviews. Nestled among busy office complexes and a bustling roadway, this prime location boasts ample parking. The restaurant seats 150 guests and features a full-service bar with a 4COP SFS liquor license.
Diners enjoy picturesque views of the lazy river, making it the perfect spot for a delightful meal and refreshing drink. The dog-friendly patio is a haven for craft beer and cocktail enthusiasts who love to bring their furry friends along. One of the standout features of this dream business is its highly efficient and profitable operation, running only about 35 hours a week from Monday to Friday, with a short brunch on Sundays. The current owner strategically shortened the hours to boost efficiency and profitability. Occasionally hosting private events on Saturdays, the restaurant maximizes its potential without overextending its hours. There’s also the exciting opportunity to expand these hours if one chooses to. Happy hour at this establishment is a crowd-pleaser, attracting a lively and vibrant atmosphere that keeps customers coming back.
The restaurant benefits from a fantastic long-term lease with low rent and two 5-year options. The rent covers electricity, water, Wi-Fi, and garbage pickup, significantly reducing operational costs. Given the high electricity costs for a 3400 sq ft restaurant in Florida, this is a substantial saving. Spanning 3400 sq ft, plus a large outdoor dining area, this versatile venue is perfect for hosting various events and providing an unforgettable dining experience. Don’t miss this unique opportunity to own the beloved Clearwater bar and restaurant.
Call or email now to learn more about making this hidden gem your own!


DETAILED INFORMATION
Location
Pinellas County, FL
Inventory
Included in asking price
Employees
3
Growth & Expansion
This restaurant and bar, strategically positioned among busy office complexes, is well-positioned for expansion and growth. Introducing breakfast and lunch services on weekdays could attract nearby professionals looking for convenient, high-quality meals to start and fuel their day. Additionally, extending hours to operate all day on Saturdays could draw in weekend visitors, further boosting revenue and solidifying the establishment's reputation as a versatile dining destination.
Support & Training
He will provide two weeks of training to ensure a smooth transition and help you get up to speed quickly.
Reason for Selling
Other opportunities.
Report an Issue with this listing
profile-img
Alexis
Casimiri
logo-img
Alexis Casimiri