Established bar, restaurant and live music venue operating successfully since 1998. This turnkey operation currently generates $2.1M in annual revenue with approx 25 employees in a prime northern Palm Beach County location.
Key Features:
• Nearly 30 years of continuous operation with established customer base
• 4,900 sq ft facility with lease through June 2035 with options
• Fully equipped kitchen and bar operations
• Live entertainment venue capability
• Absentee owner operation demonstrating strong management systems
• Stable competitive environment
Financial Highlights:
• Annual Revenue: $2,100,000
• Monthly Lease: $17,200
• Asking Price: $750,000
• Strong revenue multiple indicating solid market position
This is an ideal opportunity for an investor or operator seeking an established hospitality business in one of South Florida's most desirable markets. The combination of bar, restaurant, and live music venue provides multiple revenue streams and broad customer appeal. Also, perfect for a concept change or franchise.
The business benefits from it's population, tourist traffic, and proximity to beaches and golf courses. With nearly three decades in operation, this venue has built strong brand recognition and customer loyalty in the local market.
Additional confidential information available to qualified buyers with executed NDA.
Partipating with brokers.
Looking for quick sale!
Ad#:1838411