Restaurant w/RE & 4COP Liquor License - Edgewater FL

Business Opportunity for Sale
Catylist Listing ID: 30855394
Property Subtypes: Food and Beverage
Building Size (RSF): 2,044 SF
Sale Price: $1,750,000
Name of Establishment: Tailgatorz Sports Bar & Grill
Business Website Address: https://www.tailgatorz.net/
Year Business Established: 2018
Gross Revenue: $1,400,000 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 9/3/2024

Overview / Comments

Award Winning! Independently owned restaurant & sports bar has received the 2024 Daytona Community Choice Award. $1.4M gross income with positive cash flow. 4COP liquor license, 2,044+/- SF restaurant, 1.3+/- acre lot and trained staff included. Establishment features indoor and outdoor bars, pool tables, 15+ TVs, and a fenced outdoor entertainment area for live music and corn hole tournaments. High residential growth area with established customer base. Located on a major thoroughfare, close to the ocean.

Additional Details

Nearest MSA: Deltona-Daytona Beach-Ormond Beach
County: Volusia
Industry Segment: Bars and Taverns
Reason for Selling: Retirement
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $640,000
Real Estate Lease Description: 1.3+/- acre corner lot
Part of Planned Development?: Yes
Employee/Labor Description: 18 employees to transfer with sale.
Mgmt/Training Support Description: Owners willing to stay on for a period of time for training and transition.
Competition/Market Description: Existing customer base located on a major thoroughfare in Edgewater, FL. Open 7 days a week 11am to Midnight and 11am-2am on Friday and Saturday.
Growth/Expansion Opportunities: Local and tourist markets. High demand area with growing residential and commercial developments. Opportunity to expand on adjacent vacant lot (sold separately).

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,491 24,051 34,750
Median Age: 68.57 49.57 49.9
Households: 820 10,475 15,464

Contact

Photograph of Listing Agent

Stephanie L Gilezan

EXP Realty LLC KCREA Member
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