Live Music Venue And Scratch Kitchen Bar & Grill

Business Overview:

***Seller Financing*** A renowned live music venue with a top-rated bar and grill is available for sale on the Gulf Coast of Florida for the asking price of $600,000. This exciting eatery features a scratch kitchen serving fresh, not frozen or pre-made, food. The certified chef creates a culinary experience rivaling top tier restaurants. Plus, the venue features live music nights with a variety of talent from all over the country, plus Karaoke nights and more using state-of-the-art sound and light system.The business generates $205,747 SDE on $762,025 annualized 2024 revenues based on prior seven months. The existing FFE is detailed in the report below with a conservative value of $355,487. The bar, floor, kitchen, stage, sound-system, game room, etc. are all new and in amazing shape.The sellers are ready to start semi-retirement by slowing down and focusing on their other businesses, thus opening the opportunity for the new owner. The sellers believe in the business, know how to grow it, and will stay on to train the new owner as needed short term. The sellers will also offer significant seller financing for the right buyer, further displaying their confidence in the business. The lease is negotiable, and the real estate is available separately from the business for $1.7M. The sellers own a construction business and repairs or additions to the property can be negotiated, or partnered on.Currently the business serves Sarasota and the surrounding communities of Bradenton, Lakewood Ranch, Parrish, North Port, etc., a prime market for business as one of the fastest growing areas of gulf coast Florida. Don’t wait, make your dream of owning a live music bar & grill come true today.

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Property Features and Assets:

Built in 1963, only the third restaurant to be in the location.

Market Competition and Expansion:

One of a kind live music venue and bar & grill with bars, beer towers, and game room in the area.

Reason for Selling:

Semi-retirement and focus on other businesses

Additional Details:

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