Listing Number: 2301-336848
Georgies Lakeside Lounge and Fish Camp
5051 Northwest 191st Place
Orange Lake, Florida 32681
Industry Type: Liquor Related Biz
Price:
$1,999,999
Seller Financing*:
Down Payment:
$1,999,999
Seller Financing Rate*:
Industry Detail: Bar/Restaurant
$0
N/A %
*Financing may be available for qualified buyers only
Lakeside Bar and Bait Shop With Real Estate and Rentals
This 25-year established iconic Bar and Bait shop is located on beautiful Lake Orange in Marion county! Perks include
4COP liquor License. Additionally, this opportunity features a 2000sq ft Bar/Lounge, with a 2000 sq foot deck and 11
boat slips. Adjacent is 60ftx40ft bait shop and 20 rental properties seated lake front with a private coin laundry mat
for the tenants. Rentals are currently full on a month-to-month basis at an astonishingly low rent price ranging from
$400 - $585 a month. This listing is a gold mine for the right buyer! 2.86 acers of lake front real estate is included in
the asking price! call today this will not last long!
Asset Information
Accounts
Receivable:
$0
N Included
Building Type:
Lease/Month:
Business Is:
Leasehold
Improvements:
FF and E:
$201,113
Y Included
N/A
$0
N Relocatable
$5,000
Y Included
N Franchise
Inventory:
Real Estate:
Total Assets:
$5,000
Y Included
Sq Ft
Terms & Options
$2,100,000
Y Included
$0
N/A
N/A
N Lender Pre-Qualified
Seller’s Financial Representations
Additional Information
Pro-Forma
2021
Reason for Sale:
Total Sales
$532,952
COGS
Total Expenses
Net Income
Owners Salary
Beneficial AddBacks
Interest
Depreciation
$127,048
$185,916
$0
$0
$0
$0
$0
Other
SDE
$0
$185,916
Hours of Operation:
Hours Owner Works:
Year Established
Years Owned:
Employees FT:
Employees PT:
Managers:
N Home Based
retirement
Sun - Thur 11am - 12 pm F_S 11 am 2 am
20
1996
25
N/A
5
N/A
Transworld Business Advisors of Orlando
Emily Herbert
3751 Maguire Boulevard
Orlando, Florida
32803
Fax: N/A
Email: emilyherbert@tworld.com
Home Page:
https://www.tworld.com/agent/emilyherbert
Office: (407) 226-7171
Direct: (407) 459-1361
Mobile: (352) 246-2266
Receipt of confidential business information received by b_firstName b_lastName is acknowledged by signature below
Date
cTuesday, April 6th 2021
By:
Docusign_Recipient_signature
The seller provides all data and financial information on this business for informational purposes only. The broker does not warrant the above information and advises
the buyer to seek professional advice when purchasing a business. This offering by the seller is subject to change or withdrawal without notice. This information sheet
has been prepared on a confidential basis exclusively for: b_firstNane b_lastName