Cocktail Lounge / Tavern for Sale in Sarasota, Florida

Reference #:	40359601
Location:	Sarasota, Florida
Price:	$399,900
Amount Down:	$139,900
Revenues:	$264,000
Discretionary Earnings:	$54,000
Total Assets:	$399,900
Business Description:	Bar with 4C0P license, 49 seats, 3 pool tables, juke box, flat screen TVs, small dance floor. Located on SW Florida barrier island near Gulf of Mexico and Intracoastal Waterway. Seller lives out of state, owns the 3,500 s.f. building. Will lease for $2,700 per month…other terms negotiable. Asking price is $399,900, including liquor license, inventory, furniture, fixtures and equpment. Seller financing is negotiable. Currently operated as alternative lifestyle bar. As absentee operated facility, reportedly produces $5,000 per week in revenue. Opportunity for experienced owner operator to increase revenues and reduce costs.
Contact Us About This Business For Sale The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.