Naples Restaurant on Water Net $215K

Naples, FL
Collier County

Asking Price: Annual Revenue:
$1,999,000 $943,502

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Naples Restaurant on Water Net $215K Broker: Phillip Rice

Quick Facts

Asking Price: $1,999,000
Annual Revenue: $943,502
Net Profit: $214,866
Cash Flow: $214,866
Total Debt: Not Disclosed
FF&E: $285,000
Real Estate: $1,100,000
Year Established: 2010
Employees: 13
BBN Listing #: 975855244
Broker Reference #: 93701128

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Business Overview:

Naples, well-established restaurant/lounge on water with indoor/outdoor seating. SRX liquor license. Presently open for dinner only but sales could be increased by opening also for lunch. Can come by car or boat. One of a kind location. Real estate included in price. Sales were down in 2017 due to Hurricane Irma.

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Property Features and Assets:

The building is approximately 3400 sq feet. The current menu caters to New England Seafood but could be expanded to other culinary specialties.

Market Competition and Expansion:

Dining hours could be expanded to include lunch.

Reason for Selling:

Other Business

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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