$350,000

1128 Simonton Street

Key West FL, 33040

Description

Turnkey Bar business for sale...Bottlecap / Blue Room bar business available with long term lease offered. Established in 1934, same owners since 2005. Price includes business assets of name, numbers, website, goodwill, all Furniture, fixtures and Equipment, computer equipment, security camera system, new POS system & Inventory TBD. The Blue Room interior has been renovated with new electric, plumbing, bathrooms, central AC, new flooring, ceiling, Quartz Bartops and State of Art Sound & Lighting Equip. Popular for hosting Comedy Club and special events/parties. Total approx. 3,000 sf. Indoor & Outdoor seating. 2018 Gross income was $643,700 with adjusted Net Income $173,000/yr & room to grow with new ownership.Lease rate and cost of Liquor License to be determined.

Details

MLS#586830
StyleIndustrial
Sub-TypeResale
StatusActive
Year1983
Days On Site73

Features

SQ Feet7,468
Story(s)0
ZoningHNC(1-3) - Hist Nghborhd Comml 1

Market Activity 33040

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Area Information

StateFL
CountyMonroe
CityKey West
Zip Code33040
AreaKey West
SubareaOld Town-S of Truman
Listing VS Median (in 33040)
Price:
$350,000
low | high
Med:
$715,000
54.285714285714% of Average
SqFt:
7,468
low | high
Med:
1,357
100% of Average
$ / SqFt:
$47
low | high
Med:
$527
100% of Average
On Site:
73
low | high
Med:
106
68.867924528302% of Average
Listing Updated: 10/17/2019
MLS Number: 586830
Listing Provided By:
Curtis A Skomp, CCIM  of  RE MAX Keys Connection (KW)