MergerPlace

Waterfront Bar and Grill Opportunity in

Florida


  • Asking Price: $249,900
  • Gross Income: $1,340,985
  • Cash Flow: $118,287
  • Real Estate: Not Disclosed
  • Inventory: $20,000
  • FF&E: $145,000
  • Listing ID: #225927
  • Established: 2014
  • Employees: 32

Business Description

Well established, Fort Lauderdale area, Waterfront Restaurant with multiple Bars and Entertainment area. There is about 5,300 sq. ft. of Indoor and Outdoor Tiki style dining for a 237-person occupancy (190 Seats). Manager and Full W-2 staff in place serving quality Seafood and American style fare along with a large selection of tropical cocktails and beers (4COP SFS licensed). Long-term lease in place. Open for Lunch, Dinner, and Sunday Brunch. Local boat access. Good books and records, business in 2021 is coming back strong! Could be investor Visa qualified. This business prides itself on being the “Go-To” place for local essential workers. Some seller financing available for qualified buyers. The seller needs a quick sale for family-relocation purposes. Please refer to listing number 0101876559, business broker Tom Milana 561-702-6867 when inquiring about this listing.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida

Company Information

Year Established: 2014
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 32

Financial Information

Asking Price: $249,900
Gross Revenue: $1,340,985
Cash Flow: $118,287
FF&E: $145,000
Inventory: $20,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 6300 Square Footage: 5300 Building Type: Waterfront Rest. Terms & Options: 2 five-year options 2033 Expiration Date: 2/19/2023

Competition:

Non Compete : Miles: 10 Years: 3

Reason for selling:

Family/Relocation

Support & Training:

Weeks Training: 2 Cost: $0

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Tom Milana

Transworld Business Brokers of Central Florida