Business For Sale Listing 135986
Established Busy Highway Tavern Bar, Grill
Status as of Dec-1-2008 at 06:03 PM: Sold!
Business Summary
Established Busy Highway Tavern Bar & Grill for sale for $1,100,000. Popular, busy & well established. Only place of its kind north of State Road 528 in North Merritt Island that holds a valuable 4COP liquor license! Liquor license is valued at over $200,000+ & the real estate is valued at $525,000! Impressive & very clean tavern bar & grill, with a scrumptious menu that keeps customers coming back time after time. Menu includes a tasty variety of good foods for dine-in or take-out service from prime rib to wings, award winning pizza & special recipe barbeque. Customers include many Kennedy Space Center employees (just 3 miles north), as well as the north Merritt Island residential population which is growing rapidly & other local residents that know a good place to eat out or just relax in the company of friendly people. Revenues comprise of 45% food & 55% liquor. Interior has large bar area that seats up to 108 guests. Warm atmosphere with hardwood floors, pool tables & cheerful staff. Fully equipped organized tiled kitchen & inside & outside bathrooms. Outside is a large deck area & lots of parking on asphalt paving with neat curb appeal. Prime location 3,400 sq.ft facility on busy four lane highway in Merritt Island, Brevard County, Florida. Over 26,000 vehicles pass this tavern bar everyday. Surrounded by established homes & several large scale subdivisions that have sprung up over the past several years. New 80 acre sports complex being built right at its back door, which will consists of multiple sports fields, tennis courts, playgrounds, concession stands & meeting rooms! This area is a sightseers & sports lovers paradise. Golf Courses, Kennedy Space Center, Cruise Terminals, miles of sun drenched beaches, surfing, & great boating & fishing on the famous Indian River Lagoon, all within close proximity to this welcoming tavern bar. Orlando is only 45 minutes away! Location, location location. Owner financing with 20% downpayment. Good business, fully turnkey!
Categories
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Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million (700,000) |
| Profits: |
Between $100 Thousand and $500 Thousand (150,000) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: |
Between $1 Million and $2.5 Million (1,100,000) |
