Food Shop on Anna Marie Island

NOT DISCLOSED, Florida

Asking Price $1,250,000 Year Established 2016
Annual Revenue $2,031,406 Reason for Selling Some health issues needing more attention.  
Annual P/L $0 Attention Dan Gore
Annual Cash Flow $581,039 Listing Number 989969  
# of Employees 15 Business Category Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

Popular small restaurant for sale on prestigious Anna Maria Island.  Across from Sarasota FL.  Carry-out and dine-in.  Let the business pay you a nice consistent living while you/family afford to live on island ocean joy.  Solid long-term lease in place. Strong management in place. Often lines of customers waiting to get in.  Average over $2M GS, sometimes 70K sales/wk. Net over 10K/wk. Over $150K in brand new furniture/equipment included.  Totally different peaceful island vibe; various well-known sports/Hollywood/music celebrities own homes on the island. Live & work vibe of the ocean while business pays your expenses.  This business will not SBA.  Seller will not owner-finance over 250K.  Solid documentation of operations available in due diligence. Requires large buyer deposit. Confidential + Financial required before receiving data package.   

Property Features and Assets:

<p>Good business location on the Island.&nbsp;&nbsp;&nbsp;<br></p><p>Assets = $403,000</p>

Market Competition and Expansion:

<p>No real competition on the entire island.  Franchises prohibited from locating on island.  Must be authentic restaurants.  <br></p><p>Still growing a little each month.  <br></p>

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

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