Prime Beachfront Bar-Restaurant for Sale - Absentee Owner
Financial Details
- Asking Price:
- $595,000
- Annual Revenue:
- $1,600,000
- Cash Flow / SDE:
- $275,000
- Profit Metric:
- Seller's Discretionary Earnings
- Valuation Multiple:
- 2.2x
- Location:
- FL, US
- Sources:
- Date:
- October 11, 2025
Key Highlights
Description
This is a highly profitable, absentee-owned bar-restaurant located in a prime beachfront location in Pinellas County, Florida. With over 50 years of established history, the business boasts a loyal customer base and a strong brand identity. The establishment features a full food menu, a full liquor bar with a coveted 4COP SRX liquor license, and a large outside seating pavilion. The spacious interior includes a large kitchen, a prominent bar area, and ample seating, all within 200 feet of the beach, offering stunning views and a vibrant atmosphere that appeals to both locals and tourists. The business is presented as a turn-key operation with established cash flow, making it an attractive opportunity for families or entrepreneurs looking to embrace the Florida lifestyle. The new owner has the flexibility to change the business concept. This listing also presents a real estate opportunity. The sale includes FF&E valued at $125,000 and inventory valued at $5,000, both included in the asking price. The lease has an expiration date of 12/31/2026. This listing is also noted as being suitable for an E2 visa opportunity.
Industry Information
- Industry Description:
- Restaurants & Food
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 1975
- Reason for Selling:
- Personal Reasons
Real Estate & Lease
- Status:
- Leased
- Lease Expiration:
- 2026
Assets & Inventory
- FF&E Value:
- $125,000 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $5,000 USD
- Includes Inventory:
- Yes
Broker Contact
- Name:
- Joe Di Bartolo
- Company:
- Transworld Business Advisors of Tampa
- Phone:
- (352) 999-1815
Listing Details
- Listing ID:
- 8e9c90cd-6731-4bfc-b1c2-aabc70e01499
- Source Listing ID:
- 2424000
- Deal Status:
- For Sale
- Last Updated:
- October 11, 2025
- Currency:
- USD