St. Petersburg CENTRAL AVENUE Restaurant/Bar full liquor 4cop-SFS

Saint Petersburg, FL

Seller Financing Available

NOT ACTUAL PHOTO
Asking Price:$369,000
Gross Revenue:$548,509
Rent:$3,500/Month
Established Year:2020
Cash Flow:$93,583
Inventory:$10,000
FF&E:$60,000
BUSINESS DESCRIPTION

An extraordinary RESTAURANT BAR on the FAMOUS CENTRAL AVENUE near downtown St. Petersburg, Florida, with a FULL LIQUOR 4COP-SFS license offering live entertainment and a tasty menu. 2024 numbers on pace to do over $650,000 PLUS.

This WELL-ESTABLISHED venue survived the recent hurricane with no flooding and no damage and is situated in one of the most SOUGHT-AFTER areas in the city. Serving a simple menu of sandwiches, salads and more, the restaurant enjoys PRIME VISIBILITY on HEAVILY traveled Central Avenue, just minutes from the Gulf’s sandy beaches and the highway. Locals and tourists alike visit on foot or by car, with ample parking available.

The facility features a fun, welcoming indoor bar, a modest kitchen, an outdoor trailer for additional cooking, and an expansive covered patio for outdoor dining. Seating for approx 150 in total.

This TURN-KEY operation offers TREMENDOUS growth potential for an owner-operator, benefiting from a loyal customer base and a stellar community reputation. Don’t miss this chance to own a thriving restaurant bar in the heart of St. Petersburg!


*** INTERESTED PARTIES PLEASE SUBMIT YOUR INFORMATION THRU THE CONTACT FORM SECTION TO THE RIGHT TO RECEIVE THE NON-DISCLOSURE***. MUST SHOW PROOF OF FUNDS PRIOR TO RELEASING INFO

IMPORTANT NOTICE: This is an operating business being offered for sale "CONFIDENTIALLY". We will not release any information unless there is a non-disclosure signed and proof of funds.

Information contained herein has been obtained from the Owner of the Property or from sources deemed reliable. We have no reason to doubt its accuracy but make no warranty or representation. All information is submitted subject to errors, omissions, changes, withdrawal without notice and any special listing conditions of the Owner.


DETAILED INFORMATION
Location
Saint Petersburg, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,820
Lease Expiration
14/10/2030
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Indoor bar, indoor seating, kitchen (no hood), food trailer with hood, outdoor seating covered and uncovered
Growth & Expansion
Open later hours
Financing
To a qualified buyer with $200,000 down and remainder over 24 months at 8%
Support & Training
1 week at no cost to buyer
Reason for Selling
Relocating
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George
Antonaklas
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George Antonaklas