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Accommodation & Food Services

Profitable Bar And Restaurant – Live Music Venue

Sarasota County, FL, USA
Listed 58 days ago

Bar/Restaurant/Music Venue with an extensive base of loyal local and seasonal customers who enjoy great music from local, regional, and national bands, good food, and excellent people-watching. This opportunity is NOT TO BE MISSED. The business consistently generates over $1.4M in annual sales with limited operating hours, resulting in Discretionary Earnings after rent of $139,038. Open just 187 days in 2025. (Note: Financials reflect a conventional add-back for rent/lease-to-own expenses.) The restaurant is available for $699,000 and features indoor and outdoor seating with courtyard dining and live music every night. Open 4:00 PM – 11:00 PM, 3 to 5 days per week depending on the season, averaging 195 operating days per year. Closed Sundays, Mondays, holidays, and during August and September. Growth Potential: Opportunities to immediately increase revenue by expanding operating days or opening for lunch. The real estate is available for PURCHASE or LEASE-TO-OWN. A recent appraisal valued the property at over $1.6M. Flexible Acquisition: Build equity through a seller lease-to-own structure, or utilize seller financing, which requires an additional $250,000 capital infusion for the real estate down payment. Don't miss this gem of an opportunity! IMPORTANT NOTICE: This is an operating business being offered for sale CONFIDENTIALLY. Interested parties MUST complete a Confidentiality Agreement (NDA) and provide a Personal Financial Statement (PFS) before specific information, including the business name and location, will be disclosed. Listing 924-36207

Employees

16 PT 3 MGR

Lease Terms

$12,000 per month

Real Estate

Lease

Years Established

27

Support & Training

Weeks Training: 2 Cost: $0

Size In Square Feet

6,948

Inventory / Stock Value

$5,000 - included in the asking price

Reason for Selling

Retirement

Financials

Asking Price
$699K
RevenueMost Recent Year
$1.5M
Earnings (SDE)Last Reported
$107K
Assets ValueIncluded in Asking Price
$88K
Seller Financing
Yes

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