Premier High-Volume Central FL Bar/Restaurant with Unique Venue Space
Asking Price: | $550,000 |
Inventory: | $5,000 |
FF&E: | $200,000 |
Gross Revenue: | $3,694,002 |
Rent: | $31,271/Month |
Established Year: | 2008 |
Established 16+ Years / Some Seller Financing
This turn-key and successful 16+ year old Central Florida business is a staple in the community, known for its upscale and friendly atmosphere catering to both small and large groups. The venue boasts weekly drink specials, diverse entertainment options such as Karaoke and live DJs, and a popular Sunday Brunch. The craft kitchen features a newly designed menu and offers catering for large parties and group events.
The current owners are looking to retire and, aside from the current management in place, will provide a familiarization period for an incoming buyer to ensure continuity. Additionally, an Orange County 4COP Liquor License is available for this opportunity.
This business is best suited for an owner/operator with bar and restaurant management experience. Despite a challenging financial year in 2023 due to high COGS and COL, historically, the financials have been very healthy, and with a more engaged and proactive approach to financial management and operational efficiency, this business is primed for a successful turnaround under the right leadership.