Turn-Key Restaurant & Sports Bar on St. George Island
Eastpoint, FL
| Asking Price: | $2,800,000 |
| EBITDA: | $427,724 |
| Real Estate: | $1,600,000 |
| Gross Revenue: | $1,200,000 |
| FF&E: | $447,464 |
| Established Year: | 2021 |
Listing ID: 2129833Listing provided by BizBuySell
BUSINESS DESCRIPTION
In the heart of the business district of the #1 Rated Beach in America
This unique 5,500 square foot Restaurant & Sports Bar is located on 0.54 Acres. Bosting custom features such as hand carved beams throughout the structure as well as a hand-laid thatch roof. This popular restaurant is an established and profitable turn-key businesses located in the heart of the St. George Island Business District which was recently voted the #1 Beach in America. Listing includes all Furniture, Fixtures, Kitchen Equipment and Bar Equipment as well as an EXTREMELY RARE Quota Liquor License for Franklin County, Florida. All interested parties will be required to sign a Non-Disclosure Agreement.
DETAILED INFORMATION
Location
Eastpoint, FL
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
5,500
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The main structure is on concrete pilings where the kitchen and restrooms are both located on the second floor. These can be easily accessed via the staircase or elevator from the main/ground level. The bar is secured by metal roll down hurricane shutters and is located in the center of the main dining room. The dining room is an open-air tiki structure with a thatch roof and is enclosed by roll down canvas canopies and the rear of the building is the office area & liquor storage.
Competition
One of only five restaurants located on St. George Island. The only sports/tiki bar/restaurant on the island.
Support & Training
Owner will stay for an agreed upon transition period. Staff positions are already in place for a general manager as well as day and night managers that will stay on board.
BUSINESS LOCATION
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