Newly Updated And Renovated Restaurant Bar Lounge
Not Disclosed, FL Martin County
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- RE: Newly Updated And Renovated Restaurant Bar Lounge
- Contact: John Devries
Quick Facts
| Asking Price: | $1,000,000 | |
| Annual Revenue: | $1,200,893 | |
| Net Profit: | $240,180 | |
| Cash Flow: | $240,180 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $250,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2023 | |
| Employees: | 15 | |
| BBN Listing #: | 944179 | |
| Broker Reference #: | 7301963217 |
Business Overview:
Newly Updated and Renovated Restaurant/Bar/Lounge in Prestigious Martin County Florida! With 3,300 inside square feet of beautifully decorated, newly renovated, exquisitely and ergonomically accommodating ambiance for that high end dining experience. Or sit outside and enjoy a peaceful, comfortable, tranquil dining experience with a 30x60 1,800 square feet covered patio. They offer all of this to their customers and more! The food is well known and is made fresh to order every day with starters like Falafel Balls, Mahi Tacos, Tuna Tostadas or get an Entree, Juicy Filet Mignon, Ribeye, Prime Rib or the Signature Salmon. They have a full liquor license and are well known for their large selection of wines from all around the world, strategically placed in a large wine room for all to see. The best news is a long term lease up to 2041 and only 2% increases with the landlord responsible for all repairs including the HVAC! Seller Financing Is Available to a Qualified Buyer! Don't Miss This Opportunity! This Florida-based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world.
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Property Features and Assets:
Lease/Month $5,100
Terms and Options 3-5 Year Options
Square Footage 3,300
Building Type Downtown Plaza
Expiration Date 3-1-2041
Market Competition and Expansion:
Non Compete Miles 15 Years 2
Reason for Selling:
Other Interests
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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