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Real Property Rltd|Income Property
Ocala National Forest - Umatilla

Asking Price: $575,000   Down Payment: $200,000  
Gross Revenue: $139,742   Adj. Cash Flow*: $74,527  
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Executive Summary

Here is a DIAMOND IN THE ROUGH! An oasis that has been around over 60 years. Country Bar that serves pizza and E-Z to prepare pub food with very little competition! The Price includes Marion County 4 COP license (valued at $110,000 alone) Property should appraise for approx. $400K for bank financing. Located in Weirsdale nestled in the Forest & close to the VILLAGES. The 9 rental units are all  occupied. There are 6 mobile homes, 1 efficiency and 2 houses. The 7 parcels are on 1.6 acres that make up 4 corners. Bar & property is located on a dirt road off well-traveled MAIN HIGHWAY. For the right investor - this could be a GOLD MINE!  Owner actually lives on property. This property is a fixer-upper with potential to grow revenue and add another mobile home for additional income.   This is not only a good business but great investment.

Acquisition Highlights

  • Training Information:  2 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1958 Inventory: $10,000 Included
Employees: 2 FT, 2 PT Furniture, Fixtures & Equipment: $25,000 Included
Real Estate: $400,000 Included
Other: $110,000 Included
    Total Assets Included in Sale: $545,000
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.


Contact:  Connie Pendleton
Phone:  (352) 369-6286
Fax:  (352) 671-8189
Other:  (352) 502-3811
2715 NE 52nd Court
Silver Springs, FL 34488
The above company and/or agent is a licensed real estate broker/and or a business broker.
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