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BUSINESS for Sale: Thriving Bar & Event Venue with Expansion Potential! One of few 4COP licenses in Flagler County!
Opportunity awaits with this well-established and highly profitable full bar located within a premier event venue in a phenomenal location. Situated on nearly 3 acres of property, this business offers ample room for future growth and expansion. With multiple bar locations, a large stage for events, and both indoor and outdoor seating, it provides a dynamic atmosphere that attracts a diverse clientele.
FULL liquor license is available with this purchase. HUGE opportunity as these licenses are few and far between.
This bar is part of an exceptional venue that caters to a wide variety of events, from concerts to private functions. The expansive property provides endless possibilities for further development, whether expanding the current operations or adding new offerings to capitalize on its prime location. In addition, the 625 sqft detached building on the property currently generates rental income, making it a versatile asset. This space is ideal for a small restaurant, liquor store, or any number of commercial uses. Lease info and financials are available upon request. Purchase of real property is a possibility! Ask for more info. This is a rare opportunity to acquire a turnkey business with significant upside potential. Whether you're an experienced operator looking to expand or an entrepreneur ready to step into a vibrant venue, this bar business offers a unique and lucrative opportunity. Contact us today for more information!
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Our Executive Mortgage Banker:
Our Insurance Division:
$850,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $680,000 | $680,000 | $680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.898% | 6.739% | 6.560% |
Monthly Tax Payment | $450 | $450 | $450 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,187 | $4,354 | $5,877 |
Total Monthly Payment | $4,729 | $4,896 | $6,419 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.