Business For Sale

Iconic, Waterfront Restaurant

Not Disclosed, FL
Lake County


Asking Price: Annual Revenue:
$550,000 $2,160,684

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Iconic, Waterfront Restaurant Broker: Dawn Crown
Owner Financing is Available!
Loan/Seller: -Amount: $100,000 -Months: 36 -Rate: 7.00% -Monthly Payment: $3,087.71

Quick Facts

Asking Price: $550,000
Annual Revenue: $2,160,684
Net Profit: Not Disclosed
Cash Flow: $261,602
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 1959
Employees: 47
BBN Listing #: 3123630
Broker Reference #: 4301962763

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Business Overview:

Iconic, waterfront restaurant, with so much to offer! Unique set-up, allows indoor or outdoor dining, a banquet room for special events, 2 full liquor bars and 2 kitchens. Established for decades, this destination restaurant (a local favorite) brings patrons within a 2 hour radius! Restaurant operates with an SRX license, but an additional 4COP/Package License and real estate are available for purchase. Loyal employees and Sellers (part-time) are likely to stay. This is a MUST SEE! Call today to find out more! Please refer to listing #4301962763 and ask for Dawn Crown when inquiring. Thank You!

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Property Features and Assets:

Lease/Month: $7,800; Square Footage: 8,500; Building Type: Stand Alone; Terms & Options: Yes, negotiable; Expiration Date: 8/31/19.

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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