Rare opportunity to own a lakefront restaurant and full liquor bar together with its real estate, on about two acres with 531 feet of frontage in a
growing North Florida lake town. The owners completely rebuilt a long-vacant waterfront property and opened in June 2021, investing more than $2.5 million in the land, the building, and a brand-new commercial kitchen.
A glass-front dining room gives every table a view of the water, with a full liquor bar, beer garden, waterside patio, private dining room, and a boat ramp and dock where guests arrive by boat. The restaurant is licensed for 150 seats and open seven days for lunch and dinner.
Documented sales of $314,056 in the first 13 weeks put the business on a $1.29 million annual pace, earned almost entirely on dinner service in the lake's slower summer season. Lunch service and the winter season are still ahead of these numbers. Food cost is documented at 20.8% of sales from supplier invoices.
Turnkey systems are in place: written operating procedures, a trained team of about 30, and a Toast POS with clean records. Four weeks of training included. Room to grow with a marina build-out, cabins, a tiki bar, or an event pavilion, and a strong fit for E-2 treaty investor visa buyers. Potential SBA financing, subject to lender approval. Down payment negotiable; no seller financing.
Confidential. Business name, location, financials, photos, and the full Confidential Business Review are released after a signed NDA and proof of funds or lender pre-qualification.
- Asking Price:
- $3,500,000 Furniture / Fixtures included
- Sales Revenue:
- $1,287,982
- Cash Flow:
- $149,055
Property Information
- Real Estate:
-
Real Property Included
Business Operation
- Reasons for selling:
-
other interests
- Trading hours:
-
7 days a week, 11:30 am to 9 pm (lunch 11:30 to 3, dinner 3-9
- Employees:
- 1 Manager and 30 Full Time Employees
Other Information
- Support & training:
-
2 weeks of training included
- Furniture / Fixtures value:
- $128,789 - included in the asking price
