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Seize this rare opportunity to own a well-established, turn-key business (Bar Ten) located in the heart of a highly desirable area South Tampa! Nestled in a high-traffic corridor surrounded by affluent neighborhoods, trendy restaurants, and nightlife hotspots, this business is perfectly positioned for continued success. Established in 2023 and still thriving, this space boasts a sleek, contemporary build-out with a fully equipped bar with kitchen, modern furnishings, and an inviting ambiance that appeals to both locals and visitors alike. An established clientele, strong brand presence, and loyal social media following make this a plug-and-play investment. Prime location with excellent visibility along with foot traffic, fully transferable license (in good standing), indoor seating options, beautifully designed interior with updated equipment and fixtures, parking and easy access, turn-key operation with staff and management in place. If you desire to change it up a little this business would be ready to convert to craft cocktail lounge, sports bar, live music venue, wine bar, or upscale neighborhood pub. New ownership can maintain the current concept or bring in a fresh vision to capitalize on the thriving South Tampa market. Lease is good until May 2028. Don't let this opportunity pass by!
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Our Executive Mortgage Banker:
Our Insurance Division:
$275,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $220,000 | $220,000 | $220,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.083% | 7.063% | 6.152% |
Monthly Tax Payment | $3,730 | $3,730 | $3,730 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,391 | $1,445 | $1,842 |
Total Monthly Payment | $5,196 | $5,250 | $5,647 |
* 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.