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: 10/13/2021

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.

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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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