Business Description

Own a thriving beach bar in a beautiful paradise at a lower cost than you may expect. A local bank has pre-approved an SBA loan that covers 90% of the purchase price, with a $350k down payment and a 10-year financing period. Within approximately 1 year, you can recoup your initial investment and start generating over $350k in annual cash flow after SBA debt payments. Located in South Florida, this hotspot offers a lively atmosphere with American/Seafood cuisine and live music every day, making it an ideal opportunity for owners looking to enjoy their retirement. With 2023 revenue totaling $3.6 million and profits of $760k+, this beach bar has a fantastic $2.5M buildout and is projected to exceed these numbers in 2024. The sale includes all equipment and furnishings, along with an existing long-term lease in a sought-after location. This high-potential business is frequented by both locals and tourists, promising a