Landmark American & Seafood Restaurant in Boca ...

Confidential, FL
Lee County

Asking Price: Annual Revenue:
$995,000 $1,194,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Landmark American & Seafood Restaurant in Boca ... Broker: Glen McLaughlin
License #: SL3421202
Owner Financing is Available!

Quick Facts

Asking Price: $995,000
Annual Revenue: $1,194,000
Net Profit: Not Disclosed
Cash Flow: $351,329
Total Debt: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1990
Employees: 16
BBN Listing #: 246458295
Broker Reference #: NAPFL001-N71

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Business Overview:

Popular Restaurant in Boca Grande, FL with very limited Competition! (city wide ordinance prohibits chain restaurants). Ideal location in the heart of Boca Grande!. This very popular restaurant stayed open through COVID-19 (never closed for even a day!). Recently the breakfast meal and a 4COP Liquor License were added for incremental growth opportunities. This full service, family owned restaurant enjoys a 150 Seat capacity and served 423 Lunches in one day (2019). Well known for the Grouper Sandwich & other popular menu items. Very dedicated & productive staff will stay on for ownership change. Limited Competition due to city wide ordinance that prohibits chain restaurants. Books out for wedding parties & private parties upon volume requests. Fresh seafood delivered 6 days a week, utilizes several local vendors. Community orientated restaurant that has been operating for more than 30 years. Includes an Ice cream shop and a retail store that opens during the season that regularly enjoys lines around the building. Current long-term lease and fully staffed for the season. Please see SBA lender Pre-Approval & GCF in financial package (easy sign electronic NDA).

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Property Features and Assets:

Real Estate License ID: SL3421202

Reason for Selling:


Additional Details:

  • The property is owned.
  • 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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