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Iconic Martin County Restaurant For Sale

Martin, Florida

Asking Price: Gross: Cash Flow:
$269,000 Undisclosed Undisclosed

Furniture and Fixtures Value:
$150,000 (included in the asking price)

Business Summary:
This full-service restaurant has been serving the community for over 35 years w/same owner. 200+ seats inside + 75 seats outside with a 2nd outside bar. Includes a full Liq License and mahogany bar offering happy hour specials. Beautiful build-out with high-end finishes, extra large kitchen with 25ft hood system. Offers best Florida seafood with specialties and traditional American cuisine. A++ reputation with great reviews. Favorable lease and currently operates absentee w/managers in place. The name will not convey. Must provide a resume. Seller can provide POS sales #. Please refer to listing 7301705197, business broker David Ballou 561 670 3325 when you inquire about this listing.

 
   
   
Year Business was Established: 1984
   
Number of Employees: 40  
   
Facilities / Terms of Lease: Lease/Month: 9331.84 Square Footage: 6700 Building Type: Strip Plaza Terms & Options: Easy to extend lease Expiration Date: 11/30/2020  
   
Competition: Non Compete : Miles: 5 Years: 5  
   
Owner willing to train: For 2 weeks at no cost  
   
Reason for selling: Retiring  
 

 

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