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Profitable Restaurant In Busy Area Has Clean Books For Sale

Martin County, Florida, US
Asking Price:
$895,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,415,825
Cash Flow:
$515,663

Successful hidden jewel in south Florida for sale. Absolutely fantastic location surrounded by gated golf course communities with many homes in all directions. Fantastic fare and full menu will get you tons of business. You will not need a penny more to move in! Fully equipped, exceptionally large dream kitchen for a chef to run, complete with all updated equipment and a brand-new kitchen air conditioner. It also has a full bar with a 4cop in place and bar area for your enjoyment as you wait for a table in this fully custom decorated dining room seating up to 220 at night. Average guest check is $140+/-, average guest $50-60. The amazing interior has custom made items to go with the décor. Open for dinner nightly except Sundays, but if you wanted to make even more money, being open for Lunch could bring you $50,000 monthly. Garbage, sewer, grease trap all included in rent. One of the biggest benefits is the lease; the new buyer will be saving up to $200,000 over a 5-year period with the option in place. High-end custom menu books include the daily specials, all served to you by an experienced staff that will stay with the business. This restaurant also includes an outdoor area and is pet friendly. Purchase this business with clean books, excellent numbers (even during Covid), and all the other added bonuses!

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: $6,550
Expiration Date: 1/31/2028

Location:

Martin County / Treasure Coast / Southeast Florida

Premises Details:

Building Type: Shopping Plaza
Square Footage: 4,100
Leasehold: $70,000

Business Operation

Reasons for selling:

Retirement

Trading hours:

Mon-Sat 3pm-9pm

Employees:
10
Years established:
11

Other Information

Support & training:

Seller will train buyer for two weeks at no cost to buyer

Furniture / Fixtures value:
$50,000 - included in the asking price
Inventory / Stock value:
$15,000 - included in the asking price