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- RE: Thriving Largo Restaurant & Bar – Fully Staffed, Absentee-Owned
- Contact: Alex Dunn
Quick Facts
Asking Price: | $575,000 | |
Annual Revenue: | $1,440,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $355,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1989 | |
Employees: | 2 | |
BBN Listing #: | SB-56535 | |
Broker Reference #: | STPETFL001-56535 |
Business Overview:
This well-established and highly profitable Largo Grill and Taproom has been a staple in the Largo, Florida community for 36 years, offering a diverse menu featuring food, beer, wine, and liquor. Over the past year, the current absentee owner has overseen significant capital investments, upgrading key equipment and infrastructure to ensure the business is fully operational and primed for long-term success. These improvements reduce the need for major expenditures, creating a solid foundation for sustainable growth.The business continues to thrive under its dedicated team of 30 employees, generating strong average monthly revenue of $120,000, entirely operated without active involvement from the owner. This presents an excellent opportunity for a hands-on owner-operator or experienced investor to further enhance profitability through improved marketing efforts, operational optimization, and stronger customer engagement.With 14 years remaining on a favorable long-term lease and a 5,000-square-foot space ideal for dining and entertainment, this turnkey restaurant and bar is fully staffed and ready for seamless transition. Whether you’re looking to expand your portfolio or dive into ownership, this business offers immediate cash flow and a path to growth. Don’t miss the chance to take an already thriving business to the next level!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:
5000 square feet facility with a private back room for parties and private bookings. All equipment has been fully serviced or replaced as required in the past year.Reason for Selling:
Relocating out of stateAdditional 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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