***SELLER FINANCING***. A renowned live music venue and night club with a top-rated bar is available for sale on the Gulf Coast of Florida.. Real estate included on US41. Also available to lease or redevelop. Seller has a construction company and can partner on the venture. Creative offers welcome.
The venue features live music nights with a variety of talent from all over the country, plus Karaoke nights and more using state-of-the-art sound and light system. The night club with DJ are a popular late night venue.
The business generates $205,747 SDE on $762,025 annualized 2024 revenues based on prior seven months. The existing FFE is detailed in the report below with a conservative value of $455,487. The bar, floor, kitchen, stage, sound-system, game room, etc. are all new and in amazing shape.
The current liquor license is 4COPsrx (with food), and is being upgraded to 4COP package liquor license valued at $800k, and this upgrade is included in the price. Expectations of an additional 30% revenue growth with package liquor, plus drive through.
The sellers are offering significant SELLER FINANCING for the right buyer displaying their confidence in the business. The sellers own a construction business and repairs or additions to the property can be negotiated or partnered on.
Ad#:2344273
