Steakhouse for Sale in Lee County

Cape Coral, FL
Lee County

Asking Price: Annual Revenue:
$375,000 $1,121,001

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Steakhouse for Sale in Lee County Broker: Seller of Business

Quick Facts

Asking Price: $375,000
Annual Revenue: $1,121,001
Net Profit: Not Disclosed
Cash Flow: $127,791
Total Debt: Not Disclosed
FF&E: $163,525
Real Estate: Not Disclosed
Year Established: 7
Employees: 22
BBN Listing #: 930732837
Broker Reference #: 95103424

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Business Overview:

This upscale restaurant and jazz club is hailed by clients and foodies as the best steakhouse in Cape Coral – extremely popular to a large number of regulars and a must go for special occasions. Accolades and “Best of” plates have adorned the walls since its inauguration. This steakhouse has a soul that keeps attracting customers from near and far. About $200K in FF&E and inventory. Solid reputation and great menu. Staff of 20. Buy in the morning, start earning in the afternoon. Owners are retiring after several decades in the restaurant business. Everything conveys with the sale. This is a totally turn-key business. Two full bars and several ambiances within the restaurant, including an adjacent club with a stage for live jazz, and outside sitting. Loyal year round clientele, and plenty of parking. Despite COVID, 2020 was a very good year.

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Property Features and Assets:

3,500 square foot store front; $3,500/month renewable lease, expires 12/31/2024.

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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