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- RE: Ocean Front Restaurant Real Estate
- Contact: Dale Armor
Quick Facts
| Asking Price: | $6,500,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2010 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1004556 | |
| Broker Reference #: | 170-18730 |
Business Overview:
Rare opportunity to purchase an exclusive ocean front restaurant located in Vero Beach, Florida, home to a world class barrier island resort area, retired fortune 500 executives, high-end residential properties, fabulous golf courses and other refined amenities situated beautifully between the Indian River Lagoon and the Atlantic Ocean. The unique restaurant was built in 2010 and renovated in 2018. It has 3,087 under air and a 1,400 sq. foot outdoor deck. The deck has electric drop-down screens and rain shields when needed. Total seating capacity is approximately 160, 80 in and 80 out. There is a public beach access parking lot adjoining the property and other nearby parking. The surrounding area is a quaint ocean front shopping district drawing tourists and locals alike. The business serves full liquor with a 4COP-SFS License. They have a full-service stand by generator, 400 sq ft wine cave, sound absorbing acoustic panels, newer flooring and many other state-of-the-art features. The area is charming and features strong economic growth through tourism and ongoing development. This is an excellent once in a lifetime opportunity to own an exquisite ocean front restaurant. The opportunity includes the real property and all furniture, fixtures, and equipment of the restaurant. The sale does not include the business itself, although the Executive Chef and staff would likely be open to discussions of re-launching and continuing operations with a new theme and operator. Showings are by appointment only. Please do not speak with the staff. You are welcome to go by and have a delicious meal as a customer and take it all in but please do not otherwise disrupt the ongoing business operations. Acquisition Experts, LLC is one of Florida's leading M&A Intermediaries and is proud to bring you this extremely exclusive opportunity to acquire this outstanding property, and we look forward to being of service. Please contact Dale Armor.
Contact the Seller:
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Property Features and Assets:
Rare and exclusive Ocean Front Restaurant. Built in 2010 and renovated in 2018. Excellent condition.
Market Competition and Expansion:
Located on a prestigious island in Vero Beach, Florida
Reason for Selling:
Original group of investors retiring and estate planning. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Florida businesses for sale
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