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- RE: Established Sports & Karaoke Bar Prime Location
- Contact: Tatiana Kuzmyna
Quick Facts
Asking Price: | $200,000 | |
Annual Revenue: | $227,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $113,500 | |
Total Debt: | Not Disclosed | |
FF&E: | $22,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | 2 | |
BBN Listing #: | 988420 | |
Broker Reference #: | 3353658751 |
Business Overview:
Seize the chance to own a thriving sports bar that’s a late-night standout! This turnkey operation combines a winning mix of wine, beer, and cocktails with the crowd-pleasing draw of karaoke, keeping the energy high and the registers ringing until 3 AM. Perfectly positioned to capitalize on nightlife demand, it attracts sports fans, singers, and revelers alike with its vibrant atmosphere and diverse drink menu.
With low overhead and a streamlined setup, this business delivers strong profitability right out of the gate. Open seven days a week, its extended hours tap into the lucrative after-midnight market, ensuring steady revenue from both regulars and newcomers. Whether you’re a first-time buyer or a seasoned operator looking to expand, this sports bar offers immediate cash flow and untapped potential for growth in a booming entertainment niche. Don’t wait—step into this profitable venture today!
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Property Features and Assets:
Leased - Strip Center
Monthly Rent: $1,485
Square Units: 800 sq ft
Lease Expiration Date: March 6, 2026
Terms Options: 2 or 5-year option
Market Competition and Expansion:
Located in St Pete Beach, FL, this business operates in the heart of a bustling tourist hub, just across from the St. Pete Tennis & Yacht Club and near upscale Captiva Cay Townhomes. In a 2-mile radius, competition is moderate, with a mix of small retail, dining, and service providers catering to Pinellas County’s dense population (over 970,000) and seasonal visitors. Few local players match the strategic advantage of this prime location, which benefits from thousands of annual migrants and below-market rents (averaging $10/sq ft. vs. $20+ market rates). Surrounded by hospitality-driven businesses like Shrimpys Blues Bistro and Blind Pass Resort, the area sees fewer direct competitors with comparable foot traffic or flexibility. With St. Pete Beach’s thriving tourism and residential growth, this spot offers untapped marketing potential to dominate its niche and expand reach.
Reason for Selling:
Other InterestsAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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