WATERFRONT Restaurant: 4 Bars, Tiki Huts,Docks, Decks, Bldg+Lnd

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Profitable Beach Restaurant - Real Estate Included!
Asking Price:
$9,995,000

Gross Revenue:
$5,300,000
Cash Flow:
 Not Disclosed
EBITDA:
$1,500,000
Inventory:
 Not Disclosed

FF&E:
$500,000
included in asking price

Real Estate:
$3,500,000
included in asking price

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Business Description

***HUGE REDUCTION on this Popular WATERFRONT Restaurant/Bar in SW, Florida*** SELLERS just reduced this amazing restaurant by 1M. MAKE OFFER NOW! Building and Land included, under 2 +/- acres 300+/- feet of water frontage extensive docks, decks and outdoor seating. Outstanding opportunity for seasoned Restaurant/Bar operator or Investor. Restaurant Management Service available for Investors who wish to be owners but absentee or semi-absentee. +++++++++++++OWNER FINANCE or BANK FINANCE ++++++++++++++++++++++
!!!!!!Prospective Buyers will be required to provide financial pre-qualification at the request of the seller in order to receive information!!! Thank you for your understanding and professionalism. The seller will fully cooperate with ALL QUALIFIED BUYERS.

About the Business

Year Established:
1978
Number of Employees:
80+
Real Estate:
Owned
Building Sq. Ft.:
10,000
Facilities:
Waterfront Restaurant & Bar Approx 10,000 sqft of Buildings with exterior dining space, Tiki Huts,Decking and Boat docks area.This is a "DIAMOND in the ROUGH" and a one time in a lifetime to buy one of SW FLORIDA's premier waterfront family style Restaurants and Bars
Market Outlook/
Competition:
This opportunity is Supply & Demand based.Many people want to buy on the water,However, there is virtually nothing available.
Growth & Expansion:
The sky is the limit.Bring your wallet and your dreams
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About the Sale

Reason For Selling:
30 Year Industry Veterans...Ready to Retire
Training/Support:
Seller will provide up to 30 days for training and transition
Seller Financing:
TBD

Listing Info

ID:
1308901
Ad Detail Views:
2088

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Business Listed by

Denis J.Burke,MBA

Business Broker World
License# BK3296092

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Memberships:
U.S. Census Data for Manatee and Sarasota Counties, FL
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Manatee and Sarasota Counties, FL
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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