Cocktail Lounge / Tavern for Sale in Sarasota, Florida

Reference #:	40359101
Location:	Sarasota, Florida
Price:	$139,900
Amount Down:	$139,900
Revenues:	$264,000
Discretionary Earnings:	$54,000
Total Assets:	$139,900
Business Description:	Bar with 49 seats, 3 pool tables, juke box, and 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. Price is $139,900, including inventory, furniture, fixtures and equipment. Buyer may assume note on liquor license or bring their own. Seller may finance part of purchase price. As absentee operated facility, reportedly produces $5,000 per week in revenue. Opportunity for experienced owner operator to increase revenues and reduce costs. Contact Jim Allan at alljm665@aol.com
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.