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Income-producing Restaurant, Bar, and Package Store opportunity in one of Florida’s fastest-growing coastal counties. This high-volume, fully operational hospitality business includes both the real estate and business, offering immediate cash flow, established brand recognition, and multiple revenue streams supported by a 4COP license, full kitchen, bar service, package sales, and live entertainment. On average over 1. 5M in annual sales with strong historical performance, loyal clientele, and systems in place for a seamless transition to new ownership. The free-standing facility is positioned in a prime high-visibility location within minutes of the public boat ramp and in the center of a golf-cart-friendly waterfront community that generates consistent local traffic along with year-round tourism. The property features indoor dining, full bar, outdoor patio, bandstand, package pick-up window, ample parking, and a fully equipped commercial kitchen, allowing for continued operation without interruption. All inventory, recipes, vendor relationships, and operational procedures are included in the sale, making this a true turn-key acquisition. Recent capital improvements include updated kitchen equipment, POS system, new cooling units, flooring, roof work, bar upgrades, and additional A/C systems, with a fully staffed team currently in place. A hands-on owner-operator or investor can further increase revenue through expanded hours, events, catering, delivery service, or concept enhancements. Citrus County continues to experience significant residential and tourism growth along Florida’s Nature Coast, creating strong demand for established dining and nightlife venues with waterfront proximity. The combination of real estate ownership, liquor licensing, and an established customer base makes this a rare opportunity to acquire a stabilized asset with long-term upside potential. In addition to its strong financial performance, this property is one of the area’s most recognizable local landmarks, with over 90 years of history and a loyal following of locals, boaters, and visitors. Known for its relaxed waterfront atmosphere, live music, and community-driven environment, guests arrive by car, foot, golf cart, or bike to enjoy a setting that has become a staple of the Citrus County lifestyle. Opportunities to acquire a property with this level of history, visibility, and built-in customer base are limited. THIS IS A CONFIDENTIAL LISTING.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,200,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,760,000 | $1,760,000 | $1,760,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.375% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.399% | 6.475% | 6.309% |
| Monthly Tax Payment | $491 | $491 | $491 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,694 | $10,980 | $14,971 |
| Total Monthly Payment | $11,310 | $11,596 | $15,587 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.