Business For Sale

Casual Waterfront Restaurant

Not Disclosed, FL

Treasure Coast


Asking Price: Annual Revenue:
$350,000 $543,931

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Casual Waterfront Restaurant Broker: Bob Leone

Quick Facts

Asking Price: $350,000
Annual Revenue: $543,931
Net Profit: Not Disclosed
Cash Flow: $139,876
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1993
Employees: 6
BBN Listing #: 495911185
Broker Reference #: 170-08367

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Business Overview:

50 Seat Casual Waterfront Dining. Kitchen fully remodeled, added all new equipment 3 years ago. Perfect for a husband & wife to make lots of money. 75% of the almost $600K this year is all done Jan thru April. Then the rest is easy. Closes 3 weeks a year, only open 5 days off season, 6 days in season. This location has been in existence over 25 years with but 3-4 owners. Plenty of room for growth through social media. Come by Land or Sea. 2018 sales expected to break $600K. This one will not last long.

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Property Features and Assets:

Inventory: $3,000 (included in the asking price). Lease/Month: $1,742. Square Footage: 2,000. Building Type: Strip. Terms & Options: 3 years. Expiration Date: 6/30/2019. Leasehold: $65,000.

Reason for Selling:

Relocating

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.

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