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Listed by:

Transworld Business Brokers of North Florida

Strong Cash Flow Seafood Restaurant In Duval County For Sale

Duval County, Florida, US
Asking Price:
$1,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,569,118
Cash Flow:
$420,763

The math just works. Strong cash flow while paying it off.
Founded in 2006, the restaurant is a highly profitable and well-established seafood restaurant located in Duval County, Florida. For more than 20 years, the business has built an outstanding reputation for quality, consistency, and exceptional hospitality, becoming a favorite among both residents and visitors.
The business has demonstrated strong and consistent financial performance with clean books and records and a three-year average Seller's Discretionary Earnings exceeding $445,000. Historical adjusted SDE totals, calculated directly from the company's federal income tax returns and normalized for customary add-backs, include:
2023 SDE: $399,352
2024 SDE: $515,571
2025 SDE: $420,763
Based on the SBA financing structure used to prequalify the business, a qualified owner can expect to generate approximately $218,000 in annual cash flow after debt service, allowing the business to provide substantial owner income while the acquisition loan is being repaid.
The restaurant is operated by an experienced team, including a General Manager, Dining Room Manager, Bar Manager, and Executive Chef/Kitchen Manager, allowing ownership to remain largely removed from day-to-day operations. Established systems, loyal customers, and a prime coastal location have created a durable business model that has successfully thrived for more than two decades.
The restaurant has been prequalified by an SBA lending source for qualified buyers, providing financing confidence and expanding the pool of potential purchasers. The SBA underwriting process begins with historical tax returns, making the company's strong reported earnings and clean financial history particularly valuable to prospective buyers
With exceptional financial history, a respected brand, management in place, and a strong reputation within the community, this restaurant represents a rare opportunity to acquire one of Northeast Florida's most established and successful independent restaurants. Please refer to listing number 7101674887 when inquiring about this listing.

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: 18240 Square Footage: 7000 Building Type: Strip Center
Terms & Options: Being Negotiated Expiration Date: 2/28/2033

Business Operation

Competition / Market:

Non Compete : Miles: 100 Years: 3

Reasons for selling:

Retirement

Trading hours:

Sunday-Thursday 11am-9pm Friday-Saturday 11am-10pm

Employees:
54
Years established:
20

Other Information

Support & training:

Weeks Training: 4 Cost: $0

Financing available:

Loan/Other - Amt: 1,300,000 Mos: 120 Rate: 9.00 Mo Pmt: 16,467.85

Furniture / Fixtures value:
$20,000 - included in the asking price
Inventory / Stock value:
$105,000 - included in the asking price