Iconic Waterfront Restaurant, Marina and Real Estate Opportunity

This exceptional turnkey operation represents a rare opportunity to acquire an iconic waterfront destination that has been serving the area for many years and additional riverfront land for commercial/residential/marina development. Never before offered for sale, this established business combines a successful restaurant operation with a marina and valuable real estate assets.

Business Overview:
The property features approximately 6,000 square foot main restaurant facility generating $6.6 million in annual revenue. The operation benefits from its prime waterfront location, attracting both local patrons and tourists to this coastal destination. The business includes an active off site catering business and marina component, creating multiple revenue streams and enhancing the overall guest experience.

Real Estate Assets:
The sale includes owned real estate valued at $5.5 million, providing significant asset backing and eliminating future lease obligations. Additionally, the package includes an additional 7,000 square foot leased restaurant facility that generates supplementary cash flow, further enhancing the investment's income potential. Also, the additional waterfront land allows for additional new development with mixed use zoning (including residential) to further create multiple income streams and continue to strengthen the area as a destination.

Operational Strengths:
With years of continuous operation, this business has built an exceptional reputation and established customer base. The operation maintains a comprehensive management structure with a full management team in place and approximately 100 staff members already in place, ensuring seamless transition and continued operations.

Market Position:
Positioned in the competitive coastal tourist market, the waterfront location serves as a destination venue rather than merely a dining option. This strategic positioning provides natural barriers to competition and supports premium pricing power.

Growth Potential:
The well-established brand name and proven concept model present opportunities for expansion into similar waterfront markets. The long-standing reputation and operational systems provide a solid foundation for potential franchising or additional location development. Additional waterfront land ready for development provides the opportunity to invest and create additional mixed use income streams, including event space, residential and marina slips.

Restaurant Financial Summary:
- Annual Revenue: $6,600,000
- FF&E Value: $200,000
- Inventory: $40,000 (included)
- Real Estate Value: $5,500,000 (included)

This represents an extraordinary opportunity to acquire a landmark hospitality business with significant waterfront real estate assets, established operations, and proven revenue performance in Florida's thriving coastal tourism market as well as waterfront land for additional development.

Seller is a Florida Licensee