On the Water Restaurant and Bar

Not Disclosed, FL
Broward County

Asking Price: Annual Revenue:
$400,000 $1,488,433

Food & Beverage: Bars, Clubs, Nightspots

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RE: On the Water Restaurant and Bar Broker: Marty Fishman
Owner Financing is Available!
Loan/Seller - Amount: $100,000; Months: 36; Rate: 9.00; Monthly Payment: $3,179.97

Quick Facts

Asking Price: $400,000
Annual Revenue: $1,488,433
Net Profit: Not Disclosed
Cash Flow: $198,845
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 32
BBN Listing #: 4418630
Broker Reference #: 0101905316

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Business Overview:

On the Water - Neighborhood / Local Restaurant & Bar. The end cap of the plaza. SRX/ 4COP license. East Broward location. 5,300 Square Feet. Long term lease. $6,300 rent. Outside patio area seating with Tiki bar. Parking and boat access. Entertainment and events. Complete kitchen, 2 Bar areas, and dining room. 241 occupancy. Seats 190. Open lunch, dinner and Sunday Brunch. High-quality food, liquor, and multiple beers. Excellent books & records. All staff W2. Huge growth potential. Seller financing to qualified buyer. Please refer to listing 0101905316, business broker Marty fishman when you inquire about this listing.

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Property Features and Assets:

Lease/Month: $6,300; Square Footage: 5,300; Building Type: Plaza end cap; Terms & Options: (2) Five year options; Expiration Date: 2/28/2023.

Market Competition and Expansion:

Non Compete : Miles: 10 Years: 3

Reason for Selling:

Seller to relocate

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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