Profitable Established Restaurant & Pub in great location with growth

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Asking Price:

Gross Revenue:
 Not Disclosed
Cash Flow:
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included in asking price

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included in asking price

Real Estate:
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included in asking price

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Business Description

Looking to expand or purchase a restaurant? This free standing restaurant with real estate included is located in Florida City between Homestead and the Florida Keys. It prides itself in utilizing local Redland produce and seafood from the Keys. The restaurant features a Dining Room with a Buffet Area and a private Wine Room. A Reception area is nestled between the private Gallery Room that seats 50+ people and the Patio. There is a full bar with 6 keg coolers & 2 serving stations, a fully equipped kitchen, baking/pizza kitchen and the cold & dry storage areas. There is also a separate building currently being used for storage. Recently Capri introduced Pub 935 which is a full bar serving over 20 locally brewed beers. The pub has a private entrance, a built-in stage, a full bar, separate fully equipped kitchen and plenty of seating.

About the Business

Florida City, Florida
Year Established:
Real Estate:
4 Folios which include: Main Building (Dining Area w/buffet, Restaurant Full Service Bar, 2 Fully Equipped Kitchens, Baking/Pizza Kitchen, Reception Hall, Gallery/Conference Room, Wine Room, Dry/Cold Storage, Patio, Lounge/Pub w/Full Service Bar, Built in Stage, Restrooms w/Waiting Area), Restaurant/Pub/Catering Business, Inventory, Separate Storage Building, Liquor License
Market Outlook/
There is not a restaurant/pub that can stand up to Capri located in the nearby areas. This business has many perks and so much room for expansion.
Growth & Expansion:
The restaurant originally was operated out of a rented room. The word spread through the neighboring towns and that is when it was established in this location. In 1972 the King Richard Dining area was opened. After Hurricane Andrew Capri was the only standing restaurant. The lines were out the door waiting for a table. In 2003, after the passing of its original founder, his son Jim took over which was a natural transition being that he had worked with his father for decades already. Year after year the restaurant expanded, adding new rooms and then a Pub. It has been a success since the first rented room.
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About the Sale

Reason For Selling:
Time for retirement!!
Seller is willing to help make this a smooth transition.
Seller Financing:
Ready to retire so lets make a deal.

Listing Info

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Business Listed by

Lesli Burkhead

The Keyes Company Realtors
License# 0601293

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