3285 Placida road, units E,F,&G

Business Opportunity for Sale
Catylist Listing ID: 30749146
Property Subtypes: Food and Beverage
Building Size (RSF): 3,200 SF
Sale Price: $75,000
In Opportunity Zone? Yes
Name of Establishment: Time Out Pub
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Bar/pool hall/entertainment business is for sale, separate lease agreement for space
Last Updated: 8/2/2021

Overview / Comments

Thriving staple neighborhood bar/pool hall providing comfortable atmosphere to regulars and visitors to the community for over 35 years. Business is ready to staff and restart operations on day one.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Charlotte
Industry Segment: Bars and Taverns
Reason for Selling: Owner wishes to have more time to pursue other options.
Value of Inventory Included ($): $50,000
Value of Furniture, Fixtures, and Equipment ($): $5,000
Real Estate Status: Not Applicable
Value of Real Estate Included ($): $0
Real Estate Lease Description: Final terms to be negotiated post sale of business but would include $3500/month NNN, min 5yr term w/ option to renew.
Employee/Labor Description: None
Mgmt/Training Support Description: Owner willing to consult and provide support during lease term
Seller Financing Description: Options possible

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 590 21,162 38,059
Median Age: 62.31 60.32 59.32
Households: 324 10,751 18,950
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