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Business For Sale

Family Restaurants, Local Favorites!

Southeast Gulf area, NA, USA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$7,100,000
$12,063,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1983
230
26021533

Business for Sale Overview:

With the first price increase in years, and moderately at that, 2008 showed excellent profits. These restaurants are ranked number one year after year by their patrons for consistent service and food quality. The loyal local clientele plus the robust tourist traffic confirms the people’s choice awards from the local media as well as a national magazine. The popularity of these establishments is evidenced by the frequent long waits at lunch and dinner. A full service bar, souvenir & adjacent shopping area, playgrounds and live entertainment compliment the diner's enjoyment. SIC 5812-08

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The income producing real estate is not included in the asking price, but is available as a seperate sale. It's best to contact the broker for ideas on how that might work. Combined seating in the combined 17,000sf waterfront facilities is near 600. Kitchens are in mint condition, a private room available for special events. Well trained management is in place along with a loyal staff that is well known for its award winning customer service.

Market Competition and Expansion:

These restaurants are ranked number one year after year by their patrons for consistent service and food quality. The popularity of these establishments is made known by the frequent long waits at lunch and dinner. A full service bar, shopping area, playgrounds and live entertainment is available for the diner's enjoyment. Expansion limited only by imagination... expanded retail gifts, branded food products and souvenirs, to name a few. A proven platform for additional locations.

Reason for Selling:

Lifestyle change

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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