Fine Dining Restaurant With Fabulous Outside Bar

Not Disclosed, FL
Martin County

Asking Price: Annual Revenue:
$695,000 $2,300,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Fine Dining Restaurant With Fabulous Outside Bar Broker: Dale Armor

Quick Facts

Asking Price: $695,000
Annual Revenue: $2,300,000
Net Profit: Not Disclosed
Cash Flow: $300,000
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 2021
Employees: 25
BBN Listing #: 816411185
Broker Reference #: 170-18629

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Business Overview:

Beautifully renovated high-end restaurant with indoor and outdoor dining and bars. Full liquor, 150+/- seats, great food, nice clientele. Very favorable lease terms way below market with only 2% annual increases. Current Owner has too many business interests and needs to pull back. Excellent opportunity. Turn-Key, fully equipped, everything new, fabulous high-end build out inside and out. Over $900,000 invested, must be seen.

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Property Features and Assets:

Inventory: $150,000 (Included in asking price). Rent: $4,590 per Month. Building Square Feet: 8,000. Lease Expiration: 11/30/2027.

Market Competition and Expansion:

Nothing like it anywhere near it. Needs focused Owner to oversee management or Owner/Operate as desired.

Reason for Selling:

Gearing towards 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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