Restaurant w/RE & 4COP Liquor License - Edgewater FL
Business Opportunity
for Sale
Catylist Listing ID: |
30855394 |
Property Subtypes: |
Food and Beverage
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Building Size (RSF): |
2,044 SF
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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. $1.4M gross income with positive cash flow. 4COP liquor license, 2,044+/- SF restaurant, 1.3+/- acre lot and trained staff included. Establishment features indoor and outdoor bars, pool tables, 15+ TVs, and a fenced outdoor entertainment area for live music and corn hole tournaments. High residential growth area with established customer base. Located on a major thoroughfare, close to the ocean.
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Additional Details
Nearest MSA: |
Deltona-Daytona Beach-Ormond Beach |
County: |
Volusia |
Industry Segment: |
Bars and Taverns |
Reason for Selling: |
Retirement |
Value of Inventory Included ($): |
$0 |
Value of Furniture, Fixtures, and Equipment ($): |
$0 |
Real Estate Status: |
Real Property |
Value of Real Estate Included ($): |
$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). |
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 |
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The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Moody's assume any liability for errors or omissions.
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