Port Charlotte Pub for Sale: $1.2M Asking, 30 Years on Tamiami Trail

Established bars with full liquor licenses rarely come to market on Florida's Gulf Coast, and this one carries three decades of operating history in one of Southwest Florida's faster-growing counties.

Port Charlotte Pub for Sale: $1.2M Asking Price, 30 Years in Business

Charlies Pub is a neighborhood pub in Port Charlotte, in Charlotte County, Florida. The listing describes it as a well-established business of 30 years in a highly visible location on Tamiami Trail (US-41), surrounded by businesses and residential neighborhoods, about 8.5 miles from the airport.

The asking price is $1,200,000. The sale includes a 4COP liquor license, Florida's quota license for beer, wine and spirits. The seller cites profitable growth and a high volume of clientele. Cash flow, revenue, employee count and whether real estate is included are not disclosed in the listing. The listing puts the area's average household income at $69,508 and Charlotte County's population at 194,908, up 21.83% from 159,978 in 2010.

Broker perspective: In Florida, 4COP licenses are capped by county population, so much of the value in a deal like this often sits in the license itself plus the location. Because the earnings figures aren't published, a buyer's first step is to request the P&Ls and tax returns, confirm the lease terms (or whether the property is part of the sale), and work out what portion of the $1.2M is business earnings versus license value. The deal is best suited to an experienced hospitality operator, or a buyer looking to lock in a full liquor license on a major Gulf Coast corridor between Sarasota and Fort Myers.

The Bottom Line

A 30-year Port Charlotte pub with a 4COP liquor license on Tamiami Trail is a rare offering at $1,200,000. To review the financials or discuss other $1M+ Florida businesses for sale, contact Sun Biz Broker at sunbizbroker.com.