Waterfront Restaurant for Sale with Real Estate near Beach! (Charlotte County)

Waterfront Restaurant & Real Estate

Charlotte County, FL (Near Beaches)

Seller Financing Available

Asking Price: $2,000,000

Gross Income: $2,100,000

Cash Flow: $556,000

FF&E: $155,000

Inventory: $30,000*

Real Estate: $1,200,000

Established: 2003

*not included in asking price.

DESCRIPTION Exceptional 5050 sq ft standalone waterfront restaurant including real estate on major highway just a short drive to beach. Moderately priced menu featuring steak, seafood, Mediterranean dishes, a bountiful salad bar and vast appetizer selection. Full bar well stocked with spirits & wines. Choice of indoor or outdoor dining. Ample parking. All new kitchen, baths, carpet and patio. OPPORTUNITY Revenue first four months of 2015 exceeded $1M. Based on prior years performance, revenues should exceed $2M and owner benefit should exceed $550K. Real estate brokers price opinion of $1.2M.

Detailed Information

Inventory: Not included in asking price

Real Estate: Included in asking price

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: 5050 sq ft standalone on major highway near bridge to beach. Indoor or outdoor dining. Ample parking. All new kitchen, baths, carpet and patio.

Financing: Available to qualified buyer

Support & Training: 2 weeks at no charge

Reason for Selling: Retirement