Seafood Restaurant for Sale Earning $350,000

Not Disclosed, FL
Lee County


Asking Price: Annual Revenue:
$699,000 $2,211,243

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Seafood Restaurant for Sale Earning $350,000 Broker: David Whitcomb

Quick Facts

Asking Price: $699,000
Annual Revenue: $2,211,243
Net Profit: Not Disclosed
Cash Flow: $247,368
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: 20
BBN Listing #: 27468096
Broker Reference #: 7310

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Business Overview:

Stop looking at all the other opportunities! This restaurant for sale is the one! Verifiable owner benefit of over $350,000 annually on $2.6M in sales. But wait! There's More! Currently operating without any alcohol sales! Apply for a beer and wine license and instantly tack on.... oh, I don't know, another 25-30% in high margin revenue? This casual seafood restaurant for sale has a true New England flair. They bring in fresh fish, clams, lobster and shrimp daily to satisfy the demand for high quality seafood fresh from the Oceans and the Gulf. It's no wonder they are grossing $2.6 Million in annual sales and earning nearly $350,000 for an owner operator! Lending is available with our resources and you'll be approved in days on this purchase. Now for the best part.... the rent. A paltry amount of only 2.89% of sales. You read that right, annual rent of $66,936 for 4400 square feet on $2.6 million sales. Numbers guy or gal? How about these numbers? You are unlikely to find a lower occupancy cost on a restaurant for sale doing this kind of volume in the Southwest Florida market. Probably not going to happen. Not to mention the utility bill is spread out to all tenants and split. How sweet is that? The menu is easy to prepare and the seller will train! 20 combined full and part-time employees keep things humming in the kitchen and front of house. Fish tacos, lobster bisque and what ought to be award-winning fish chowder are just a few highlights of this casual seafood restaurant for sale. Call We Sell Restaurants to make an offer! Counter service only keeps the labor low without compromising the guest experience. Seating for 80 plus a fresh seafood market drive revenue in the 4400 square foot space. Customers enjoy the quality at portions at this casual seafood restaurant for sale. Situated on a very busy main thoroughfare the current owners operate until 7:30 pm, so no more super late nights for you once you acquire this incredible opportunity. Take a hard look at this one before clicking away. The numbers speak for themselves. If you are ready to bask in the Florida sun this Winter and make some serious clams, this restaurant for sale is for you!

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Property Features and Assets:

3 Ice machines 5 chest freezers 2 upright freezers 2 two door merchandiser freezer 2 residential refrigerator and freezer 2 chest coolers 1 three door merchandiser freezer 1 ten foot fish case small wine cooler 96 inch sandwich board cooler 60 inch sandwich board cooler 48 inch sandwich board cooler 30 inch sandwich board cooler 10 foot by 21 foot walk in cooler 1 lobster tank with chiller and pump 250 lbs 2 residential electric stoves 1 thirty six inch 6 burner gas range with oven 1 twenty four inch smoker gas 24 inch gas range oven with griddle and broiler 1 forty pound pilco gas fryer 3 thirty five pound frymaster gas fryers 1 forty eight inch gas griddle with thermostat control 1 microwave 11 stainless steel tables of varying size 5 with shelves 22 wooden top tables of varying size 50 wooden chairs 13 sixty three inch cushioned benches 1 food processor 2 sets digital scales with printers 2 clover POS systems with cash drawers 2 kitchen aide mixers smallwares and utinsals 3 hand carts Not included in sale are signed Wyeth prints hanging on the wall.

Market Competition and Expansion:

Low rent and no utility bill included in cam and shared equally.

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.

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