Seller's Contact Information
- RE: Restaurant Completely Renovated
- Contact: John Devries
Quick Facts
| Asking Price: | $75,000 | |
| Annual Revenue: | $501,987 | |
| Net Profit: | $149,012 | |
| Cash Flow: | $149,012 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2022 | |
| Employees: | 7 | |
| BBN Listing #: | 2795630 | |
| Broker Reference #: | 7301375019 |
Business Overview:
PRICE REDUCED Located in Prestigious Martin County, near downtown Stuart and close to the Ocean. This restaurant offers High End, Quality Steak & Seafood at an affordable price. Located in a well-known plaza with ample parking this restaurant was completely renovated new kitchen, new plumbing, new Bar and completely updated from top to bottom. With inside and outside seating for 74 and a brand new reclaimed Mahogany Bar, they offer a quaint, comfortable environment with a relaxed atmosphere. The first year's revenue is on track to exceed $500k. Don't Miss This Opportunity! Please refer to listing 7301375019, Business Broker John Devries when you inquire about this listing.
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Property Features and Assets:
Lease/Month: $3,500;Square Footage: 1,500;Building Type: Plaza; Terms & Options: 5 Year option; Expiration Date: 6/1/2025.
Market Competition and Expansion:
Non Compete: Miles: 2 Years: 1
Reason for Selling:
Other Interests.
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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