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Top-rated Seafood Restaurant
Not Disclosed, FL
LEE County
Lee County, Southwest Florida
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| Asking Price: | Annual Revenue: |
| $195,000 | $1,324,000 |
Food & Beverage: Restaurants, Fast Food, Deli
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RE: Top-rated Seafood Restaurant
Contact: Steve Niehaus
License #: SL3338271
Quick Facts
| Asking Price: | $195,000 | |
| Annual Revenue: | $1,324,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 88,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2013 | |
| Employees: | 14 | |
| BBN Listing #: | 524656894 | |
| Broker Reference #: | 964-23402 |
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Business Overview:
TOP-RATED SEAFOOD RESTAURANT! 2022 Revenue exceeded $1.3 million!
The restaurant was established in 2013 and has been consistently one of the top-rated restaurants in the area.
The restaurant seats approximately 30 customers inside and 30 on outside patio.
The restaurants revenue has grown in 2021 and 2022 to return to pre-COVID performance, even with the negative impact of Hurricane Ian 9/28/2022.
While the 2022 revenue was strong, the increased food costs, loss of a working owner, current owner’s health, impact of Ian, and labor costs have taken a toll on profitability. Revenue growth and profitability could be greatly increased with working owner(s) and expanded days & hours of operation.
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Property Features and Assets:
Located in strip center. Facilities include full service kitchen, tables, chairs, etc.
Market Competition and Expansion:
Top-rated seafood, top-5 overall restaurant. Solid growth post-Covid.
Reason for Selling:
Health
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
Relevant Links:
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