Bar/Lounge

Pinellas County, FL

Seller Financing Available
Bar/Lounge

Asking Price:$369,000

Cash Flow:$115,000

Gross Revenue:$400,000

EBITDA:$115,000

FF&E:$25,000

Inventory:$5,000*

Established:1980

*not included in asking price.

Bar/Lounge

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Business Description

N. Pinellas local bar/lounge a solid loyal clientele run successfully for over 35 years . Full 4COP license. Entertainment 7 nights with strong following. Well run with owner stopping by for 2-3 hours 3 days a week. Many more profit centers with lots of room to quickly drop another $25,000 to the bottom line depending how Buyer wants to work it. Seats 22 at the bar and 66 at tables. One of the best professionally run bar/lounges in the area. Call agent for details. Owner financing with $185k down.

Detailed Information

Inventory:
Not included in asking price
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2500' mol with excellent rent terms.
Financing:
154000
Support & Training:
2 weeks at $0 cost to Buyer
Reason for Selling:
Retirement

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Stephan Raptoulis

Business Listed By:
Stephan Raptoulis

Interactive Brokerage Group, Inc.

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