Waterfront Restaurant & Tiki Bar -300 In & Outdoor Seating

Sarasota, FL (Sarasota County)

Seller Financing Available
Waterfront Restaurant & Bar

Asking Price:$495,000

Cash Flow:N/A

Gross Revenue:$1,900,000

EBITDA:N/A

FF&E:$100,000

Inventory:$25,000

Lease Rate/Sq. Ft.:N/A

Established:2011

Waterfront Restaurant & Tiki Bar -300 In & Outdoor Seating

Get Financing Save Print Share Valuation Report

Business Description

Waterfront restaurant and tiki bar that serves the hotel, docking boaters, banquets & locals that consider this one of the most lively and favorite gathering places in town. Seats 350 indoors and out. Watch the short video & call with your questions or to obtain financials, lease info, & the confidentiality and nondisclosure agreement.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
7,000
Lease Expiration:
12/31/2031
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Waterfront Restaurant & tiki bar. Pool, docks, live entertainment, all in one festive package. Shared property with motel, land not included. Successful history since 2011. 2 walk in cooler 1 walk-in freezer. Seats 350+/-: 60 tiki bar, 32 patio, 20 dock, 56 on deck, 50 poolside, 95 inside dining room, 30 inside/outside bar. 350+/- 4 bars with COP4 full liquor license. 3 entrances + Banquet facility available! . 4000sf under air (not including banquet area). plus 3000sf outdoors including Tiki area. Opening take over management training available
Competition:
This is a premier location with over 1,000,000 tourists visiting the area every year. Tourist info increases 5%+/- every year. Also a local favorite because of the view, food and circus.
Growth & Expansion:
There is a banquet facility attached that has not been fully capitalized and is available to book and cater for any occasion.
Support & Training:
available
Business Website:
http://newhometube.com

Listing Statistics for Premium Members

Ad#:1306542 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

Paul Straub

Business Listed By:
Paul Straub

United Realty Group

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


The Pizza Press

Franchise Opportunity In FL
Capital Required: $245,000