MergerPlace

Iconic, Waterfront Restaurant

Florida (Lake)


  • Asking Price: $550,000
  • Gross Income: $2,160,684
  • Cash Flow: $261,602
  • Real Estate: $1,100,000
  • Inventory: $30,000
  • FF&E: $150,000
  • Listing ID: #209450
  • Established: 1959
  • Employees: 18FT/26PT/3MGR

Business Description

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!


Business Details

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

Company Information

Year Established: 1959
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 18FT/26PT/3MGR

Financial Information

Asking Price: $550,000
Gross Revenue: $2,160,684
Cash Flow: $261,602
FF&E: $150,000
Inventory: $30,000
Real Estate: $1,100,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 7800 Square Footage: 8500 Building Type: Stand Alone Terms & Options: yes, negotiable Expiration Date: 8/31/19

Reason for selling:

Retirement

Support & Training:

Two weeks of training at no cost

Contact Business Seller

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Business Listed By:

Dawn Crown

Transworld Business Brokers of Central Florida