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Upscale Restaurant In Affluent Community For Sale

Martin County, Florida, US
Asking Price:
$1,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,694,345
Cash Flow:
$458,194

LOCATION! LOCATION! LOCATION!
Located in affluent Martin County, Florida, this 3,000 sq. ft. restaurant features an additional private, manicured, covered 40' x 30' outdoor dining area with two bars—a unique feature rarely found anywhere in Florida.
The best part is the incredibly low lease of only $5,300 per month, secured through November 2040 with just 2% annual increases. Opportunities like this are extremely rare! Finding an upscale restaurant in an affluent community generating over $2.7 million in annual sales with such low rent is virtually unheard of.
This is truly one of the most desirable restaurant locations and lease structures in Florida.
Don’t Miss This Opportunity!
Financing is available for a qualified buyer.

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: 5,305 Square Footage: 3,093 Building Type: Plaza
Terms & Options: Negotiable Expiration Date: 11/30/2040

Premises Details:

Lease/Month: 5,305 Square Footage: 3,093 Building Type: Plaza
Terms & Options: Negotiable Expiration Date: 11/30/2040

Business Operation

Management type:
This business is owner operated.
Competition / Market:

Non Compete : Miles: 10 Years: 2

Reasons for selling:

Other Interests

Trading hours:

SUN-SAT 3PM-9PM

Employees:
21
Years established:
2

Other Information

Support & training:

Weeks Training: 2 Cost: $0

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

Loan/Seller - Amt: 500,000 Mos: 120 Rate: 6.00 Mo Pmt: 5,551.03

Furniture / Fixtures value:
$150,000 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price