Premier St. Pete Beach Waterfront Restaurant & Bar — Long Lease - Business for Sale
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Waterfront Restaurant and Bar in St. Pete Beach, FL
Saint Pete Beach, FL, US
Added today
Food & Beverage, Entertainment, Leisure, & Recreation, Retail Stores
3 years in business
Absentee / Semi-Absentee
Waterfront restaurant and bar with indoor and outdoor seating located in St. Pete Beach, FL, operating as a dinner-only concept with a 4COP SFS liquor license.
Key Information
Asking
$1.4M
Revenue
$2.5M
Earnings
$143K
Multiple
10.1x
Key Highlights
- 3 years in operation
- Approximately 5,500 sq ft with seating for 250 guests
- 4COP SFS liquor license included (valued at over $500,000)
- Seller financing available with $1,000,000 down or partnership buyout for $750,000
- 12 years remaining on below-market lease
- Over $1.5 million invested in buildout
- Currently operates as dinner-only
Contact Info
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