Tiki Bar & Pub Just $359k

Port Saint Lucie, FL (Saint Lucie County)

Tiki Bar & Pub Just $359k
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Asking Price: Get Financing: $359,000

Cash Flow: $65,000

Gross Revenue: $350,000

EBITDA: $65,000

FF&E: $100,000

Inventory: $8,000

Lease Rate: $3,180 /Month

Established: 2017

Tiki Bar & Pub Just $359k

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Business Description

Popular Tiki Bar open 8 months Seller must retire. 3 min. to beaches & marina, two covered full liquor bars,outdoor seating,live music, DJ's large dance area, Asking $359K incl. 4COP liquor license,kitchen, and $8K inventory, 1/2 acre property, 1,500 SF Bldg lease 3 yrs w/two 3 yr option and 1st Right to Purchase , $3,180 mo rent, 1 FT Mgr,easy pub menu check average $35, mo sales growing to hit 2018 Sales $350K,no marketing,low utilities and payroll, just started popular "Catch It We Cook It" to all fisherman daily in marina.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
1/15/2021
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
This will be a real gathering place for both marina, beaches and locals.
Support & Training:
4 weeks
Reason for Selling:
Must Retire
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Contact the Seller

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Larry Mack

Business Listed By:
Larry Mack

Keller Williams of Port St Lucie

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