Price Reduced-2 Businesses in One/Bar and Cottages

Lake City, FL (Columbia County)

Seller Financing Available
front of bar and drive thru

Asking Price:$900,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:$200,000

Inventory:N/A

Real Estate:N/A

Established:1974

Price Reduced-2 Businesses in One/Bar and Cottages

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Business Description

Established businesses includes real estate (in Suwannee County)

Popular and profitable "neighborhood" bar. Only free standing bar in the county with 7 COP license. (only 5 liquor licenses in the county). Drive thru liquor store. Corner location on a busy state road. Completely fenced in with overflow parking. 28 ft. food trailer licensed, fully equipped and incudes pizza ovens, char grill, fryers, griddle, sandwich station, freezer and refrigerator. Kitchen inside bar, also. Walk in cooler, ice machine, outside deck area with table and chairs, cook pavilion, outside bar area. 3POS system, surveillance cameras. TVs, and Bose sound system, 3 pool tables, office and storage area, portable bandstand with it's own separate dance area. ONLY liquor bar open on Sundays in a 50 mile radius. 35 kw generator for bar. Weekly live bands, and DJ/Karoake, volleyball, horseshoe pits and corn hole game areas.
Included on this 5 acre parcel is 6 fully furnished and decorated rental cottages with each having swings, grills, fire pit and screened porches. Cottages have separate office/laundry/storage building. Licensed as a mobile home park. Like no others in the area. Can be rented by the day/week/month or year.
The inventory fluctuates and will valued on day of sale.
The sellers are very reasonable and will consider all serious offers.

Detailed Information

Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3900 SF building bar/liquor store. 3 sheds, 28ft food trailer, 1250 SF deck, 6-600 SF 1 bedroom/1bath cottages, 605 SF cottage office with 670 SF covered porch.
Competition:
Very little local competition. Only licensed liquor bar in county. Neighborhood type bar with repeat customers.
Financing:
owner will finance 40% over 10 years
Support & Training:
owner will train with present management in place.
Reason for Selling:
medical reason

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Business Listed By:
Randy Thomas

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