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Business For Sale

Local’s Steak & Seafood Restaurant With Sports Bar

Fort Walton Beach / Destin Area, FL, USA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$495,000
$1,541,361
Not Disclosed
$186,717
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1982
30
1825443

Business for Sale Overview:

Northwest Florida restaurant. This very popular 200 seat restaurant and lounge is somewhat of a local legend. The configuration allows the owner to have both a family restaurant and a separate sports bar with 16 TVs in the same location. The food is simply outstanding and the price point has allowed this business to prosper even in tough economic times. The owner spends about 45 hours per week at the business and has an excellent cook, wait and bar staff in place. Yearly sales are about $1.6 million with an owner benefit of about $190,000. The parking is excellent and a very desirable long term lease is in place.

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:

5,000 square feet / $7,000 per month including tax & CAM fees.

Reason for Selling:

owner request

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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