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

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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

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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.

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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:


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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