Smoking Bar And Package Liquor Store W/ Property
Bradenton, FL Manatee County
Asking Price:
$1,950,000
Annual Revenue:
$1,317,654
Request More Information Contact the Seller
- RE: Smoking Bar And Package Liquor Store W/ Property
- Contact: Paul Cestaro
- License #: SL617421
Quick Facts
| Asking Price: | $1,950,000 | |
| Annual Revenue: | $1,317,654 | |
| Net Profit: | $197 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 80,000 | |
| Real Estate: | $800,000 | |
| Year Established: | 2009 | |
| Employees: | 11 | |
| BBN Listing #: | 152555244 | |
| Broker Reference #: | 937-01232 |
Business Overview:
Rare one of a kind free standing 2500 SF Bar & package liquor store with large visible Pilon Sign and valuable Drive-up window. Sale includes a ¾ Acre prime real estate site. Super location with full Liquor license, Business, and Real Estate included in sale with a *18% Cap rate*. Very Popular Bar with bandstand and pool table.This is the Ultimate in PRIME CASH BUSINESSES.
Great parking with Unlimited expansion and growth potential for a buyer taking it to the next level.
Great net income of $269,000. Calculated as owners benefit for the first 8 months (January to August) of this current 2023 year. This equals a 14% Cap return based on the total sales price for only 8 months.
* Projected Verifiable Cap rate of 18% for this current Year. Calculated with owners benefit*
Possible owner financing with a substantial down payment.
Semi-absentee owner is retiring.
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Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- 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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