50+ Year Established Bar Location With Property. - Business for Sale

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Established Neighborhood Bar with Real Estate in St. Petersburg, FL

St. Petersburg, FL, US
Added today
Bar and Restaurant with Real Estate
5 years in business
Absentee / Semi-Absentee

A neighborhood bar in St. Petersburg, FL, operating for over 50 years at the same location, is offered for sale with real estate and a 4COP quota liquor license included.

Key Information

Asking

$1.6M

Revenue

$650K

Earnings

$590K

Multiple

2.7x

Key Highlights

  • FF&E valued at $100,000 and included in the sale
  • Inventory valued at $10,000 and included in the sale
  • Real estate included, valued at $750,000
  • Building size: approximately 3,700 square feet
  • Business has operated as a bar at the same location for over 50 years; current ownership entity established in 2021
  • 4COP quota liquor license included in the sale
  • Located in St. Petersburg, FL (Pinellas County), on a high-traffic route with approximately 16,500 vehicles passing daily
  • Owner willing to provide up to six months of training under a salaried arrangement

Contact Info

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