Premier St. Pete Beach Waterfront Restaurant & Bar — Long Lease - Business for Sale
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Waterfront Restaurant and Bar in Saint Pete Beach, FL
Saint Pete Beach, FL, US
Added 2 months ago
Waterfront Restaurant & Bar
3 years in business
Absentee / Semi-Absentee
Waterfront restaurant and bar with indoor and outdoor seating located in Saint Pete Beach, FL, operating as a dinner-only concept with a 4COP SFS liquor license and a long-term lease.
Key Information
Asking
$1.2M
Revenue
$2.5M
Earnings
$323K
Multiple
3.7x
Key Highlights
- Years established: 3
- Approximately 5,500 square feet with seating for approximately 250 guests
- Includes a 4COP SFS liquor license (valued at over $500,000)
- Over $1.5 million invested in buildout
- Long-term lease with approximately 12 years remaining
- Seller financing available with $1,000,000 down or partnership buyout for $500,000
Contact Info
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