MergerPlace

Waterfront Downtown Restaurant For Sale

Martin, Florida


  • Asking Price: $1,500,000
  • Gross Income: $2,920,357
  • Cash Flow: $532,163
  • Real Estate: Not Disclosed
  • Inventory: $10,000
  • FF&E: $150,000
  • Listing ID: #215107
  • Established: 2017
  • Employees: 20

Business Description

This waterfront downtown restaurant is the talk of the town! The restaurant is located in the heart of a highly desirable affluent waterfront community, this newly renovated 8000 Sq. Ft. restaurant has it all! When you enter this restaurant you will feel that relaxed Florida Key West style ambiance, with a back wall of sliding glass doors that can open to feel that great ocean air or closed during inclement weather, still shows off the beautiful water views. A brand new bar inside gives breathtaking views of the water and a relaxed ambiance. Everyone will enjoy that Florida lifestyle we all love. The restaurant's seats for about two hundred inside and another fifty outside. There is a unique private downstairs Bar literally that steps from the water! With sales of $3 million per year and a net profit over $500k, this restaurant is the best deal in Florida. A must see! Please REFER TO LISTING 7301223625, Business Broker John Devries when you inquiry about this listing.


Business Details

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

Company Information

Year Established: 2017
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 20

Financial Information

Asking Price: $1,500,000
Gross Revenue: $2,920,357
Cash Flow: $532,163
FF&E: $150,000
Inventory: $10,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 19369 Square Footage: 8000 Building Type: stand alone Terms & Options: 10 year option Expiration Date: 1/1/2028

Competition:

Non Compete : Miles: 2 Years: 2

Reason for selling:

Other Interest

Support & Training:

Fo1 week at no cost

Contact Business Seller

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Business Listed By:

John Devries

Transworld Business Brokers