Live Music Venue And Scratch Kitchen Bar & Grill
Not Disclosed, FL Manatee County
Asking Price:
$2,000,000
Annual Revenue:
$762,025
Request More Information Contact the Seller
- RE: Live Music Venue And Scratch Kitchen Bar & Grill
- Contact: Ron Vandiver
Owner Financing is Available!
Significant seller financing available for qualified buyer.
Quick Facts
| Asking Price: | $2,000,000 | |
| Annual Revenue: | $762,025 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $205,747 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $355,487 | |
| Real Estate: | $1,500,000 | |
| Year Established: | 2024 | |
| Employees: | 10 | |
| BBN Listing #: | SB-56676 | |
| Broker Reference #: | SARASOT002-56676 |
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 $2,000,000 including the real estate. 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 offering significant seller financing for the right buyer displaying their confidence in the business. The sellers own a construction business and repairs or additions to the property can be negotiated or partnered on. The current liquor license is 4COPsrx (with food), being upgraded to 4COP package liquor license valued at $800k also available for $650k or lease. Expectations of an additional 30% revenue growth with package liquor. 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.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
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 businessesAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Florida businesses for sale
- View more Businesses For Sale in the same industry
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