Food & BeverageVerified Seller
Live Music Venue & Restaurant in Manatee County, FL - $575K - $205K Cash Flow
Sarasota, Florida
Asking Price$575,000
Annual Revenue$762,025
EBITDA / Cash FlowUpon Request
Executive Overview
Discover an exceptional opportunity to own a renowned live music venue and scratch kitchen bar & grill in the thriving market of Manatee County, FL. With a competitive asking price of $575,000 and a strong cash flow of $205,747, this business promises both excitement and profitability.
Key Investment Highlights
- •Prime location on the Gulf Coast of Florida
- •Scratch kitchen with a certified chef
- •Live music nights featuring national talent
- •State-of-the-art sound and lighting systems
- •Significant seller financing available
This dynamic eatery is not only a food destination but also a cultural hub, offering a culinary experience that rivals top-tier restaurants. The existing furniture, fixtures, and equipment (FFE) are valued conservatively at $355,487, ensuring that all elements—from bar to stage—are in impeccable condition.
The sellers are transitioning to semi-retirement, creating a unique chance for a new owner to step into a well-established business. They are committed to a smooth transition and are willing to provide training as needed. Additionally, the lease is negotiable, and there is an option to purchase the real estate separately for $1.5M.