High-Volume Bar & Restaurant – St. George Street Location
Listing Number: 7101-670958
Listing Details
High-Volume Bar & Restaurant – St. George Street Location
Price: $2,490,000
Location: St. Augustine, St. Johns County, Florida
- Down Payment: $2,490,000
- Sales: $1,595,677
- Seller's Discretionary Earnings: $480,287
- Inventory: $8,000
- Furniture, Fixtures, and Equipment: $165,000
- Rent: $12,572
- Employees: 13
- Year Established: 9
- Reason for Selling: Other Interests
For More Information About This Listing
Business Description
High-Volume Bar & Restaurant – Prime St. George Street Location in Downtown St. Augustine
Exceptional opportunity to acquire a high-volume bar and restaurant located directly on St. George Street in the heart of Historic Downtown St. Augustine. The business has established itself as one of the area’s most popular destinations for both tourists and locals, benefiting from the tremendous foot traffic generated by one of Florida’s most visited historic districts.
Sales have continued to increase year over year, reflecting the strength of the location, established customer base, and ongoing investment by the current owner. The owner has consistently reinvested in the business and made improvements to enhance the operation, customer experience, and overall appeal.
The restaurant offers seating for approximately 99 guests indoors, along with ample outdoor seating, providing significant capacity to take advantage of the heavy pedestrian traffic and increased crowds during St. Augustine’s busy holiday and tourism seasons.
With its prime St. George Street location, strong sales history, established reputation, and continued growth, this is an excellent opportunity for an owner-operator or experienced hospitality group looking to acquire a well-established business in one of Florida’s premier tourist destinations.
Exceptional opportunity to acquire a high-volume bar and restaurant located directly on St. George Street in the heart of Historic Downtown St. Augustine. The business has established itself as one of the area’s most popular destinations for both tourists and locals, benefiting from the tremendous foot traffic generated by one of Florida’s most visited historic districts.
Sales have continued to increase year over year, reflecting the strength of the location, established customer base, and ongoing investment by the current owner. The owner has consistently reinvested in the business and made improvements to enhance the operation, customer experience, and overall appeal.
The restaurant offers seating for approximately 99 guests indoors, along with ample outdoor seating, providing significant capacity to take advantage of the heavy pedestrian traffic and increased crowds during St. Augustine’s busy holiday and tourism seasons.
With its prime St. George Street location, strong sales history, established reputation, and continued growth, this is an excellent opportunity for an owner-operator or experienced hospitality group looking to acquire a well-established business in one of Florida’s premier tourist destinations.