$700,000

$408/sq ft

$550,000
Price Decreased

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Overview

Year Built

1928

Sqft

1716

Property Type

Business

Property Description

MAJOR PRICE DROP! REDUCED!! Welcome to a lucrative investment opportunity in the heart of a rapidly expanding community! This turnkey bar, boasting a coveted COP license, is now available for acquisition. Strategically situated between Thonotosassa and Plant City, this family-owned and operated establishment has been a beloved local hangout for 17 successful years. Equipped with a versatile COP license, this property offers the unique advantage of not only serving liquor on-site but also operating as a package liquor store. Additionally, the license permits the hosting of private events both in the dedicated banquet-style space on-site and by external parties. Upon acquisition, you'll inherit a fully furnished space complete with all fixtures, furniture, and operational essentials. This includes 16 taps, an ice machine, four flat-screen TVs for patrons' entertainment, and an on-premises ATM for convenience. The business model further benefits from leased assets, including a jukebox and two pool tables, with a profit-sharing arrangement ensuring a steady income stream. This strategic partnership mitigates the financial burden of equipment maintenance and upkeep. Not just a local hotspot, this establishment attracts patrons from far and wide, making it a vibrant hub for both community regulars and curious visitors. With a functional website and established online presence, reaching and retaining customers is streamlined and effective. With minimal overheads and an established revenue stream, new owners can start generating profits immediately upon takeover. Whether you're a seasoned investor or an entrepreneur looking for a thriving business opportunity, this well-maintained money maker promises a seamless transition and abundant potential for growth. Don't miss your chance to own a piece of this flourishing community and secure your foothold in the dynamic hospitality industry. Act now to capitalize on this rare chance to own a bar with endless possibilities for success.

Property Details

MLS#

TB8433318

Address

5402 U.S. HWY 92 W

City

Plant City

State/county

FL

Zip/Postal Code

33566

Area

Unplatted

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$2,245

Maint Fee

$--

Tax Year

2024

Dishwasher

Refrigerator

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