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Buying a bar in Southwest Florida

Southwest Florida has 37 established bars and taverns by our count: companies in business at least 15 years that still file with the state every year and aren't part of a larger group. Of those, 68% have been in business 20 years or more. Most will never be listed for sale, and many of their owners have never been asked.

37
established companies
68%
built over 20+ years
$134k+
a year, earned by the top quarter
22%
built over 30+ years

What it takes to own one

Bars and taverns in Southwest Florida come in every size. Here's what owning one could look like at three levels, from a solid company to one of the leaders, with a small business loan covering most of the price.

A solid company
Earns about
$90,000 a year
Price about
$199,000
Your cash
$28,000
Could pay you
up to $55,000 a year
A strong company
Top quarter in Southwest Florida
Earns about
$134,000 a year
Price about
$295,000
Your cash
$41,000
Could pay you
up to $81,000 a year
One of the leaders
Top tenth in Southwest Florida
Earns about
$246,000 a year
Price about
$542,000
Your cash
$76,000
Could pay you
up to $149,000 a year

Earnings are owner earnings: profit plus what the owner pays themselves, before loan payments and taxes. They and the prices are our estimates from public records, not the owners' figures, and we value companies like these at about 2.2 times a year's owner earnings. Your cash covers the down payment and closing costs, and what the business could pay you is what's left after the loan payments and the cushion lenders require. The more cash you bring, the further up you can go.

Age, size and location

Revenue is our estimate from public records, grouped into wide ranges.

In businessCompanies
Under 20 years12
20 to 29 years17
30 to 39 years5
40 years or more3
Estimated yearly revenueCompanies
Under $1M14
$1M to $2M4
$2M to $4M2
$4M to $8M1
CountyCompanies
Lee10
Manatee8
Sarasota8
Charlotte5
Other counties6
TownCompanies
Sarasota6
Fort Myers5

What the best bars and taverns have in common

  • A liquor license (or the right license for what the bar serves) in good standing, with no open cases against it.
  • Pour cost (what the liquor in a drink costs, as a share of its price) and inventory checked at least weekly, with a point-of-sale system that ties every drink to a bartender.
  • A bar manager who handles staff, schedules and ordering, so the business doesn't depend on the owner being there every night.
  • Real weeknight business, not only Friday and Saturday.
  • A lease that outlasts your loan, and zoning that allows the hours you need.
  • Good relations with the neighbors and local police: few noise complaints and few late-night calls.
  • No history of selling to minors.
  • Food, events or entertainment that bring in more than one crowd.

What to check before you buy

  • The license itself. Look it up on DBPR's site and confirm its type, county and any pending cases.
  • Who holds it. The license may belong to a different company than the bar, or be pledged to a lender. Make sure it's part of the sale and free of liens.
  • Purchases against sales. Compare what the bar buys from distributors with the sales it reports. A big gap can mean theft, free drinks or unreported cash.
  • The seller's taxes. Buying more than half of a business or its assets can make you liable for the seller's unpaid state taxes (section 213.758). Get a certificate of compliance from the Department of Revenue first.
  • Liability. Florida's dram shop law generally protects a bar from liability for what a customer of legal drinking age does after drinking (section 768.125). The exceptions: willfully serving someone under 21, or knowingly serving someone habitually addicted to alcohol. Get insurance quotes early.
  • Staff training. Under Florida's Responsible Vendor Act, a bar that qualifies generally keeps its license if a trained employee sells to someone under 21 without the owner's knowledge (sections 561.705 and 561.706). Ask whether this bar qualifies.

Questions to ask the owner

  • How long have your bar manager and lead bartenders been with you?
  • How do you keep track of pour cost and inventory, and how often do you count?
  • Is the liquor license in the name of the company I'd be buying, and has it ever had a violation?
  • Which nights carry the week, and what have you tried on the slow ones?
  • How do you get along with the neighbors and the local police?
  • What do you pay for liquor liability insurance, and has the bar ever had a claim?
  • How much time is left on the lease, and what hours are you allowed to stay open?

To learn what these companies do, which licenses they need and how ownership works, read our full guide to buying a bar in Florida.

Owning a company in Southwest Florida

The local economy

This region covers Lee, Collier, Charlotte, Sarasota and Manatee counties on the Gulf coast and Hendry, Glades and DeSoto inland: Fort Myers, Cape Coral, Naples, Bonita Springs, Punta Gorda, Port Charlotte, Sarasota, Venice, Bradenton, LaBelle, Clewiston, Moore Haven and Arcadia. The coastal economy runs on people who choose to live or spend the winter here: retirees, seasonal residents, and the construction, real estate, health care, financial and home services that follow them. Tourism, golf and boating add to it.

Inland, the economy is agricultural: sugarcane around Clewiston, citrus, cattle and vegetables, with Immokalee in Collier County a center for farm work. The building trades, pool, landscaping and pest control companies, property managers, medical and dental practices, and marine businesses tend to do well along the coast.

What's different about owning a company here

This is one of Florida's most seasonal markets. From roughly January through April, restaurants, shops and service companies run at full speed. Summers are slower, so look at monthly revenue, not only the yearly total. The coast has taken two major hurricanes in recent years: Ian came ashore at Cayo Costa in Lee County in September 2022, and Milton at Siesta Key in Sarasota County in October 2024. Rebuilding brought a wave of work for contractors that won't last forever, so ask how much recent revenue came from storm repairs. Insurance costs and flood zones weigh on every property.

Housing costs near the coast make hiring hard, especially around Naples. New communities east of Interstate 75 in Lee, Collier, Charlotte and Manatee keep service companies busy.

Bars and taverns in other regions

Similar businesses in Southwest Florida