Restaurant on St. George Street

Not Disclosed, FL
St. Johns County


Asking Price: Annual Revenue:
$750,000 $1,001,329

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant on St. George Street Broker: Julie Brigman

Quick Facts

Asking Price: $750,000
Annual Revenue: $1,001,329
Net Profit: Not Disclosed
Cash Flow: $121,401
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 1991
Employees: 17
BBN Listing #: 840818747
Broker Reference #: 7101863020

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Business Overview:

30 years serving fine hamburgers, seafood, and chef inspired dishes. Sixteen years ago, a very ambitious and bright young man saw an opportunity to make something good even better. He purchased this 15-year-old established Restaurant on St. George Street, and his profitable adventure began. He turned it into one of the most popular and well-known eating places in all of St. Augustine. It is in the heart of the famous and historic center of this amazing town in Florida. For the past sixteen years he has re-modeled, simplified, and honed the Restaurant, finding out good fresh local food is what everyone wants. For over 30 years this Restaurant has been a favorite of locals and visitors alike. Situated on St. George Street in the heart of the historic district it serves a variety of Coastal Cuisine, including locally inspired menu items using only the freshest ingredients and best recipes. Has SRX Liquor License. Inside there is a contemporary dining room with displayed works of local artists, or a large complete open-air patio surrounded by the historic beautiful, and mysterious oldest city. Whether coming from town or out of town the patio view is stunning and great for both history buffs and people watchers. From Black Angus beef to regionally sourced produce, this Restaurant serves only the best for a casual and entertaining Lunch or Dinner. Please refer to listing 7101-863020 and advisor Julie Brigman when inquiring.

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Property Features and Assets:

Lease/Month: $5,000; Square Footage: 2,400; Building Type: Historic Retail; Terms & Options: Open-great Landlord; Expiration Date: 12/1/2030.

Reason for Selling:

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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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