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BUSINESS FOR SALE - PROFILE #  42081022

Bar w/ Waterfront RE Included
Pine Island, Florida

Asking Price: $1,500,000   Down Payment: $1,500,000  
Gross Revenue:   Adj. Cash Flow*:  
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Executive Summary
Great bar with a clean, cheery atmosphere that has been established for over 20 years.  The current owners have owned it for 10 years and it is a great local hangout.  They have pool tables, games etc..  They also have a full stainless steel kitchen that they are currently not using but could easily be used to expand the business and clientele.  The property has a 50ft seawall for deep draft boats, which allows for great access to the bar. The building is located on a 21K + sq ft lot.  The building itself is over 5K sq ft and is hurricane resistant with a concrete roof. This is old Florida living at its best, just minutes to Matlacha and Cape Coral.  Real estate and COP license are included in the sale. "Best Bar on the Island!"

 

 

 

Acquisition Highlights

  • can be run by 2 people. Open at 4PM-12PM
  • Training Information:  4 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1989 Inventory:
Employees: 3 PT , 1 Mgrs Furniture, Fixtures & Equipment: $20,000 Included
Real Estate: $625,000 Included
Building Sq Ft: 5000 Other: $1,255,000 Included
    Total Assets Included in Sale: $2,200,000
 
* 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.

FOR MORE INFORMATION:

Contact:  Joel Soorenko
Phone:  (239) 596-8200
Fax:  (239) 653-9637
E-mail:  info@vrnaples.com
VR Business Brokers - Naples, FL
5627 Naples Blvd.
Naples, FL 34109
www.vrbb.com/naples
The above company and/or agent is a licensed real estate broker/and or a business broker.
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