10465 W Yulee Drive

Description

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.