Beautiful Fine Dining Restaurant

Not Disclosed, FL
Martin County


Asking Price: Annual Revenue:
$799,000 $920,546

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Beautiful Fine Dining Restaurant Broker: Dale Armor

Quick Facts

Asking Price: $799,000
Annual Revenue: $920,546
Net Profit: Not Disclosed
Cash Flow: $272,862
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 12
BBN Listing #: 703611185
Broker Reference #: 170-18577

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Business Overview:

DINNER ONLY 6 NIGHTS PER WEEK! Absolutely BEAUTIFUL fine dining restaurant with fantastic business model. Serving dinner 4 P.M. to 9 P.M. to early dining, high-end Country Club Clientele. Customers come in early & leave early, mostly by reservation. Average guest check $140+/-, average guest $40+/-. Garbage, grease trap & water all included in rent. Only restaurant in immaculately maintained plaza with plenty of parking. Great new lit exterior sign bringing in even more Customers. Prices just increased 20% & customers didn't flinch. 2020 numbers & profitability going to be fantastic. Seating for 200+/-, outside patio, bar, full liquor with 4 COP SRX, very warm & nice decor, excellent kitchen, very well set up, walk-in fridge & freezer. Sunday brunch would be a huge hit as would catering private parties for existing Client base. One of the best opportunities I've seen in 25 years of Brokering restaurant sales.

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Property Features and Assets:

Inventory: $30,000. Lease/Month: $6,200. Square Footage: 4,100. Building Type: Retail Plaza. Terms & Options: 5+5. Expiration Date: 12/31/2020. Leasehold: $50,000

Reason for Selling:

Retirement

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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