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Asking Price:	$2,495,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling:	Owners are downsizing to pursue other Interests.
Year Established:	1955
# of Employees:	35
Yearly Revenues:	$1,650,000
Yearly Net Profit:	$285000

Business for Sale Overview:

Oceanside Restaurant with Real Estate earns multi six figure income on the books with sales of over $1.7 Million. Pristine books and records (including tax returns) substantiate this very strong return. One of a kind business is part restaurant, part tourist attraction where the beach is the décor and you’re offering something truly special. Featured in multiple national magazines and as a photo shoot location for national vendors. The menu is much more than a cut above the usual found at beach hangouts. Raw and steamed seafood selection. Extensive beer assortment. Hot and cold sandwiches, healthful snacks and platters. On top of all this, it’s 100% cash – no credit cards accepted and the on-site ATM transfers to YOU in the sale. Well trained staff is loyal, trained and operate currently without either primary owner on-site. This long term team averages 10-15 years on the job and will remain in place so you transition smoothly into this high profit restaurant. Owners will have General Manager train you for this restaurant that currently runs virtually hands off. Partners in this location have decided to downsize and pursue other interests. This highly profitable and confidential listing will be previewed only to well qualified buyers that provide proof of ability to purchase and over $500,000 liquidity in order to qualify for financing. Offered at $2,495,000

Property Features and Assets:

2900 square foot restaurant with nearly 200 seats inside and out. Building and land on the ocean included. 1300 square foot apartment/office building. Full kitchen including walk-in cooler and walk-in freezer, hood, grease trap, flat top, fryers, dishwasher, POS system, alarm system, plenty of storage

Market Competition and Expansion:

The only restaurant directly oceanfront for miles in either direction. Unique and special restaurant is in a class of its own.

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for 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.