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  • RE:  Established Restaurant And Bar With Entertainment
  • Contact:  Matt Lange
Owner Financing is Available!
Loan/Seller- Amount: $287,500 Months:84 Rate:7.00%Monthly Payment:$4,339.15

Quick Facts

Asking Price: $575,000
Annual Revenue: $1,767,780
Net Profit: Not Disclosed
Cash Flow: $354,148
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: Not Disclosed
BBN Listing #: 944251
Broker Reference #: 2301989312

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Business Overview:

Great opportunity for an established, popular restaurant in Lake County. This unique restaurant is a locals and travelers favorite and stays busy with great food and beautiful surroundings. Open seven days a week for lunch and dinner, the extensive menu focusses on traditional American cuisine with the chef's special twist. There are plenty of seafood options and a great selection for the kids. Daily specials, a full bar serving craft cocktails, microbrews and wine combined with live music entertainment keep the seats full. This unique establishment partners with the local community sourcing all menu items from local farms, seafood vendors, microbrews and distilleries bringing the customers the freshest ingredients while supporting the locals.Full staff in place including a general, assistant, and front and back of the house managers. If you're looking for a great opportunity and option from the chain restaurants, this is what you have been looking for! This Florida based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower middle market business owners and buyers with transaction expertise. Inquire for more details and learn how you

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Property Features and Assets:

Lease/Month: $5,793;    

Square Footage: 5,700;    

Building Type: Free Standing

Terms & Options: 3% annual increase    

Expiration Date: 12/30/2027

Market Competition and Expansion:

Miles:  5  

Years:  3 

Reason for Selling:

Retirement

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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