Top-rated seafood restaurant South Florida. The restaurant offers a wide variety of seafood items including clams, calamari, scallops, shrimp, oysters, lobsters, and fresh caught fish. This beautiful location offers a waterfront view where you can enjoy a fun, calm and relaxed ambiance and great customer service. Their mission is to offer guests an unforgettable dining experience as well as priding themselves on their diverse menu options that is sure to please everyone.
- Asking Price:
- $5,699,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $4,200,000
- Cash Flow:
- $600,000
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
Martin County, Florida
- Premises Details:
-
Stand Alone building, with real estate.
- Size in square feet:
- 7,000
Business Operation
- Expansion Potential:
-
Unique Location: The waterfront location provides a unique selling point that can attract customers seeking a memorable dining experience. This can result in increased foot traffic and repeat business.
Tourism: Waterfront restaurants often attract tourists looking for scenic dining options. As tourism grows in the area, so does the potential customer base for the restaurant.
Events and Functions: Waterfront restaurants are popular venues for events such as weddings, corporate functions, and parties. By offering event hosting services, a waterfront restaurant can tap into a lucrative market and increase revenue.
Menu Innovation: Introducing new and innovative menu items can attract food enthusiasts and generate buzz around the restaurant, leading to increased patronage.
Marketing and Promotion: Effective marketing strategies, such as social media campaigns, promotions, and partnerships, can help increase visibility and attract new customers.
Seasonal Demand: Depending on the location, waterfront restaurants may experience seasonal fluctuations in demand. By offering seasonal promotions and diversifying the menu to cater to different seasons, a waterfront restaurant can maximize its growth potential.Overall, a waterfront restaurant has the potential for significant growth by capitalizing on its unique location, attracting tourists, hosting events, innovating its menu, and implementing effective marketing strategies.
- Competition / Market:
-
The market for waterfront restaurants can be highly competitive, but it also offers unique advantages. Being located on the waterfront can attract a diverse range of customers, including tourists, locals looking for a special dining experience, and those seeking a picturesque setting for events.
Competition in this market typically includes other waterfront restaurants, as well as dining establishments in nearby areas that offer similar waterfront views or compete for the same customer base. Factors that can impact competition include the quality of food and service, pricing, ambiance, and the overall dining experience.
- Reasons for selling:
-
Other business strategy
- Trading hours:
-
10:30am to 11pm 7 days a week
- Employees:
- 42
- Years established:
- 2022
Other Information
- Support & training:
-
Will train at no cost for 14 business days following closing
- Furniture / Fixtures value:
- $200,000 - included in the asking price
- Inventory / Stock value:
- $10,000 - included in the asking price
