High Volume Pinellas County Full Liquor Bar

Clearwater, FL (Pinellas County)

High Volume Pinellas County Full Liquor Bar
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Asking Price: $399,000

Cash Flow: $100,000

Gross Revenue: $400,000

EBITDA: $130,000

FF&E: $30,000

Inventory: $7,000*

Rent: $7,300 /Month

Established: 2011

*not included in asking price.

High Volume Pinellas County Full Liquor Bar

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Business Description

SUCCESSFUL ESTABLISHED BUSINESS WITH FULL BOOKS TO SHOW BY CPA.

This is your chance to buy an established money maker which netted $100K benefit to owner last year alone! THE PURCHASE PRICE INCLUDES THE PINELLAS COUNTY 4COP LIQUOR LICENCE VALUED AT $280,000-$290,000.

You couldn't build this bar for less than $300,000 right now! And the location is already entitled for full 4COPX!

LOCATION, LOCATION, LOCATION....Located on one of the busiest intersections in Pinellas County and surrounded by high net worth neighborhoods this gem has more potential for even greater sales with the right ideas and ownership!

ESTABLISHED: The location has operated as a full liquor bar for 15 years and counting!

ROOM TO GROW: The current ownership offers no food items. There could be potential to boost sales and market share with small food offerings.

Don't let this one pass you by! If you're looking for an easy to run established business with full clean accounted books, and tax returns this could be for you. Bring your 4COP license or purchase the existing license. Liquor license financing available for qualified buyers through the BEVERAGE LAW INSTITUTE.

Detailed Information

Location:
Clearwater, FL
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,700
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Full FFE included, including $12,000 POS system with license keys. Inventory will professionally counted by 3rd party inventory company and is offered separately. Currently around $7K of inventory on hand.
Competition:
PRIME LOCATION, busy full franchise restaurants and shopping malls with in 1-3 mile radius. Extremely high traffic count, and high net worth corridor.
Growth & Expansion:
Could grow by offering more live music acts and entertainment. New owners could offer small menu to increase market share and retain guests.
Financing:
Financing available for 80% of Liquor license valuation via 3rd party lending.
Support & Training:
Negotiable
Reason for Selling:
Current ownership is pursuing franchise opportunity in different space.
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Contact the Seller

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Business Listed By:
Bryant Stevens

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