Iconic Martin County Restaurant For Sale

Not Disclosed, FL
Martin County


Asking Price: Annual Revenue:
$269,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Iconic Martin County Restaurant For Sale Broker: David Ballou

Quick Facts

Asking Price: $269,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 1984
Employees: 40
BBN Listing #: 9742630
Broker Reference #: 7301705197

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Business Overview:

This full-service restaurant has been serving the community for over 35 years with same owner. 200+ seats inside + 75 seats outside with a 2nd outside bar. Includes a full Liquor License and mahogany bar offering happy hour specials. Beautiful build-out with high-end finishes, extra large kitchen with 25ft hood system. Offers best Florida seafood with specialties and traditional American cuisine. A++ reputation with great reviews. Favorable lease and currently operates absentee with managers in place. The name will not convey. Must provide a resume. Seller can provide POS sales #. Please refer to listing 7301705197, business broker David Ballou when you inquire about this listing.

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Property Features and Assets:

Lease/Month: $9,331.84; Square Footage: 6,700; Building Type: Strip Plaza; Terms & Options: Easy to extend lease; Expiration Date: 11/30/2020.

Market Competition and Expansion:

Non Compete : Miles: 5 Years: 5

Reason for Selling:

Retiring

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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