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Newly Updated And Renovated Restaurant Bar And Lounge For Sale

Martin County, Florida, US
Asking Price:
$1,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,200,893
Cash Flow:
$240,180

Newly Updated and Renovated Restaurant, Bar, and Lounge in Prestigious Martin County, Florida! With 3300 inside sq ft of beautifully decorated, newly renovated, exquisitely and ergonomically accommodating ambiance for that high end dining experience. Or sit outside and enjoy a peaceful, comfortable, tranquil dining experience with a 30x60, 1800 sq ft covered patio. They offer all of this to their customers and more!

The food is well known and is made fresh to order every day with starters like Falafel Balls, Mahi Tacos, Tuna Tostadas or get an Entree, Juicy Filet Mignon, Ribeye, Prime Rib or the Signature Salmon. They have a full liquor license and are well known for their large selection of wines from all around the world, strategically placed in a large wine room for all to see. The best news is a long term lease up to 2041 and only 2% increases with the landlord responsible for all repairs including the HVAC! Seller Financing Is Available to a Qualified Buyer! Don't Miss This Opportunity!!

This Florida-based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With a local presence and global marketing reach, Transworld Business Advisors has provided main-street and lower middle market business owners and buyers with transaction expertise for over 40 years.

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: 5,100 Square Footage: 3,300 Building Type: Downtown Plaza
Terms & Options: 3-5 YEAR OPTIONS Expiration Date: 3/1/2041

Premises Details:

Lease/Month: 5,100 Square Footage: 3,300 Building Type: Downtown Plaza
Terms & Options: 3-5 YEAR OPTIONS Expiration Date: 3/1/2041

Business Operation

Competition / Market:

Non Compete : Miles: 15 Years: 2

Reasons for selling:

Other Interests

Trading hours:

Sun 11-9, M-closed, T-Thurs 4-9, Fri & Sat 4-10

Employees:
15
Years established:
1

Other Information

Support & training:

2 weeks training at no cost

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Loan/Seller - Amt: 300,000 Mos: 60 Rate: 10.00 Mo Pmt: 6,374.11

Furniture / Fixtures value:
$250,000 - included in the asking price
Inventory / Stock value:
$30,000 - included in the asking price