Restaurant Sports Bar & Grill, Edgewater, FL - R/E incl

3411 S Ridgewood Ave Edgewater, FL 32141

3411 S Ridgewood Ave, Edgewater, FL, 32141
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FOR SALE
Property Type:
Restaurant
Amount:
$2,000,000
Last Verified:
Sep 18, 2023

Highlights

  • 4COP liquor license
  • 2,044SF on 1.3+/- acre corner lot
  • $1,600,000+/- gross revenue
  • Positive cash flow
  • Well known independent brand
  • SBA lender reviewed and bankable
  • Adjacent parcel of real estate available for expansion

Description

Slam Dunk! This independently owned restaurant and sports bar includes the operations, real estate (1.3+/- acres), IP, and transfer of the 4COP liquor license. Lender reviewed and bankable. Purchase comes with all existing management and trained staff. Strong foundation to get started. Positive cash flow operation. Established customer base with room for growth. Located on a major thoroughfare, close to the ocean. High growth area. Establishment features indoor and outdoor bars, pool tables, 15+ TVs, and a fenced outdoor entertainment area for live music and corn hole tournaments.

Corner lot on S Ridgewood Avenue


Year Built: 1955
Building Size: 2044sq ft
Lot Size: 1.3 acres

Map of 3411 S Ridgewood Ave, Edgewater, FL, 32141

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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