Business For Sale

Beach Themed Restaurant Back on the Market

Englewood, FL
Charlotte County


Asking Price: Annual Revenue:
$299,999 $1,318,000

Food & Beverage: Restaurants, Fast Food, Deli


Request More Information
Contact the Seller

RE: Beach Themed Restaurant Back on the Market Broker: Denis Burke

Quick Facts

Asking Price: $299,999
Annual Revenue: $1,318,000
Net Profit: Not Disclosed
Cash Flow: $119,000
Total Debt: Not Disclosed
FF&E: $350,000
Real Estate: Not Disclosed
Year Established: 1990
Employees: 8
BBN Listing #: 692445879
Broker Reference #: DB101PTSS

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

Caribbean Beach Theme Restaurant/Bar with FULL LIQUOR SRX LICENSE. Seller has had a great run at it after 17 years.(27 years in same location.)It's time to retire after recent surgery and 40 years in the Restaurant-Bar Industry. The price has been DRASTICALLY REDUCED Seller is an ABSENTEE owner.

There is an experienced Chef/GM running the show. Brand new 5 year lease in the works plus 3 X 5 year options.Buy this as a SEMI-PASSIVE INVESTMENT, maintain your travel and Florida social lifestyle,OR keep your day job OR become a full-time owner and make an extra $50-$75K a year. HUGE UPSIDE!!The books/tax returns are clean. Seller will need proof of funds .Please be real and serious. Let's NOT WASTE time.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Clean Books & Records with verifiable income. Super Low Rent in the same location for 27 years (with current owner 17 years). The Restaurant has 150+ seats and plenty of parking for dining and Bar patrons. The Chef/GM will stay on indefinitely and provide training and orientation for Buyer.Owner too will be available for phone consultation for 6 months after closing.

Market Competition and Expansion:

This is a unique beach theme with steady year round clientele. Currently this is a DINNER ONLY Restaurant/Bar from 4:30 to 10 pm. A new owner could build a lunch business and add outbound catering and delivery.

Reason for Selling:

Retirement

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!