Established Well Known Restaurant Business

Undisclosed Address, Florida
Business Opportunity for Sale
Catylist Listing ID: 30826141
Property Subtypes: Food and Beverage
Building Size (RSF): 4,200 SF
Sale Price: $995,000
In Opportunity Zone? Yes
Name of Establishment: Confidential
Gross Revenue: $24,000,000 (Annual)
Cash Flow: $370,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 1/13/2023

Overview / Comments

***Confidential Restaurant Business (Does not include Real Estate)***
Business Price is $995,000.00
4Cop Liquor License is also available For Sale for $450,000.00

Turn Key Money Making Established Restaurant now available located in the Historic Cortez Fishing Village!
Business has been a success since 2010 with an enormous following. Gross sales averaging around $2,400,000 with net income approx. $370,000. Restaurant/Bar is full staffed ranging from 12 to 15 employees and the ownership would stay on as general managers if the new owner wanted to be hands off.

Lease Term runs until July of 2025 with an additional 5 year option.

All interested buyers please complete the questionnaire and sign the NDA for income and location information.

Attachments & Media

Additional Details

Industry Segment: Restaurants
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Mgmt/Training Support Description: Negotiable

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,688 16,183
Median Age: 51.31 44.56
Households: 2,735 6,282

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