Iconic, Waterfront Restaurant

Not Disclosed, FL
Lake County

Asking Price: Annual Revenue:
$350,000 $1,960,613

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: $350,000
Annual Revenue: $1,960,613
Net Profit: Not Disclosed
Cash Flow: $238,065
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:

Just REDUCED! 2 restaurants, with SRX License, for one price! Iconic, waterfront restaurant, with so much to offer and another restaurant/bar with indoor/outdoor dining upstairs! Deal includes 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! Absentee Owned Boat Tour Business Included-see "Other" for yearly income! Rent will be offered for $7800 a month. 2017 financials were somewhat affected by Hurricane. R/E is available for purchase. See listing #741-278295. Call today to find out more! See listing #741-278295. 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:


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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