Iconic Bar/Restaurant - Fantastic Location!

Sarasota, FL (Sarasota County)

Seller Financing Available
Iconic Bar/Restaurant - Fantastic Location!

Asking Price:$1,200,000

Cash Flow:$283,145

Gross Revenue:$1,627,207




Lease Rate/Sq. Ft.:$8.25


Iconic Bar/Restaurant - Fantastic Location!

Get Financing Save Print Share Valuation Report

Business Description

Iconic and world-famous bar/restaurant known by locals and visitors as the best choice for late night eating and drinking. Located in a resurgent area with year-round client base, this is a landmark restaurant that offers fresh cooked food in huge portions. It is run semi-absentee and offers a great opportunity to take a VERY well-known business to the next level. It boasts over 150 seats, with 2 full bars and deliveries. SRX license included.

Detailed Information

Included in asking price
Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Great location right in the heart of a resurgent and upcoming area of Sarasota.
This is a unique opportunity. The "one of a kind" landmark bar/restaurant that only come to market occasionally. Very strong brand and reputation.
Growth & Expansion:
Significant capital has been injected into this business recently meaning that a new owner will reap the return on Seller's investment. Financial results are showing strong growth.
Support & Training:
Seller will provide two weeks' training at no cost to Buyer.
Reason for Selling:
Other business interests

Listing Statistics for Premium Members

Ad#:1307711 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

(from currently available funds)
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Maria Miller

Business Listed By:
Maria Miller

Harding & Associates

Show Phone Number

View My Listings

Sponsoring Broker:
Ian Harding

Find out more...

Get more details about this business.

Similar Listings

Tracks and Records

Franchise Opportunity In FL
Capital Required: $700,000