Active

9860 S Thomas Drive R-13

Panama City Beach FL, 32408

$1,500,000


$395.67 per sqft

Active

3,791 sqft

Commercial

Built in 2007

Restaurant and Business for sale: Welcome Investors and Entrepreneurs to a Prime Opportunity in the Heart of Lake Town Wharf! Presenting Lulu's Bar and Resto, a Turnkey Restaurant and Full Bar Establishment Lulu's Bar and Resto stands as a beacon of modern hospitality in the highly sought-after Lake Town Wharf. This meticulously designed establishment offers a seamless blend of contemporary aesthetics and a thriving culinary experience, making it an ideal investment opportunity.Boasting a fully equipped bar, Lulu's caters to connoisseurs of fine spirits and craft cocktails. The restaurant's culinary offerings are crafted with precision, presenting a diverse menu designed to captivate the palates of discerning patrons. The property is well-appointed, ensuring a seamless transition for the next proprietor.Designed with an eye for sophistication, Lulu's interior features modern decor and an inviting ambiance. Floor-to-ceiling windows showcase scenic views of Lake Town Wharf, providing a picturesque backdrop for an elevated dining experience. The establishment includes both indoor and outdoor seating options, offering versatility for various occasions.Lulu's is not just a restaurant; it is a versatile venue suitable for hosting special events, private functions, and corporate gatherings. The establishment's layout and amenities are conducive to creating tailored experiences for clientele seeking an exclusive and memorable setting.This listing provides a rare opportunity to acquire a thriving business with a proven track record. Financial details and growth projections are available for qualified buyers upon request. Lulu's Bar and Resto has become a staple in the local culinary scene, and its strategic location positions it for continued success.Lulu's Bar and Resto is offered as a turnkey investment, complete with all fixtures, equipment, and licenses in place. The business is poised for a seamless transition, allowing the next proprietor to capitalize on the established brand and capitalize on the continued growth of Lake Town Wharf.Serious investors are invited to schedule a private viewing to explore the potential of Lulu's Bar and Resto. This is a unique opportunity to acquire a premium establishment in a thriving location. Contact us today to secure your appointment and embark on a journey towards culinary and entrepreneurial success. (Option to purchase restaurant only is available)

750857

MLS ID

January 2, 2024

Listed

May 9, 2024

Updated

Map

9860 S Thomas Drive R-13
Panama City Beach FL, 32408

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Electric


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Sewer

Public Sewer

School Information

High School

Arnold


Elementary School

Breakfast Point

Other Property Details

Area Name

03 - Bay County - Beach


Days on Market

127


Association Fee

$2,155


Association Fee Frequency

Monthly


Garage

No


View

Yes


View Description

Lake


County

Bay


Water Source

Public


Pool

No


Waterfront

Yes


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

5/8/2024

Price Change

$1,500,000

-2%

 

Courtesy of Think Real Estate, Sully Tariq,
Listing Contact: (850) 851-8624 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Salty Marlin Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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