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Local Waterfront Bar with CRE and 4COP QUOTA License

Clay County, Florida

Asking Price: Gross: Cash Flow:
$749,000 $232,709 $31,718

Furniture and Fixtures Value:
$18,400 (included in the asking price)

Inventory Value:
$2,000 (included in the asking price)

Real Estate:
$300,000 ( not included in the asking price)

Business Summary:
This listing is for a 50-year-old, 100% absentee, Lake Front Bar Business with 4COP-QUOTA License and CRE. The 4COP license allows over-the-counter sales, so you could easily add package liquor. This is a cash-heavy business with very few credit card sales. In addition to the bar income, the land has a 2-bedroom house where the current owners live and a 1-bedroom efficiency home, plus a new 24x50 steel building that all can be rented or repurposed. The closest other bars in this county are about 10 miles away. Selling for asset value. For more information on this asset only sale, contact listing agent Daniel Tomlin and refer to listing #7101502287.

 
   
   
Year Business was Established: 2017
   
Number of Employees: 5  
   
Facilities / Terms of Lease: Square Footage: 6008 Building Type: Free Standing  
   
Competition: Non Compete : Miles: 20 Years: 2  
   
Owner willing to finance: Owner Financing Terms $300,000.00 Owner Financing Interest 9% Owner Financing Terms Months 120  
   
Owner willing to train: Weeks Training: 2 Cost: $0  
   
Reason for selling: Moving  
   
This business is Home Based.  
 

 

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