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Waterfront Restaurant Semi Absentee Ownership

Manatee County, Florida

Asking Price: Gross: Cash Flow:
$450,000 $1,492,517 $148,960

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

Inventory Value:
$30,000 (included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
Very rare to find a waterfront restaurant in one of the most beautiful locations in the US. Only 3 years oldOnly 8% rent of sales is a very rare find with high increases of rent in the state of Florida especially being on the waterfront.Over $1.5 million worth of assets and fixtures and leasehold improvements.We have a brand-new outdoor deck along the water and additional patio seating along the water as wellPerfect opportunity for an E2 visa Most beautiful modern patio with over 200 seats. Established a great reputation in the community this opportunity will not last long with the population increasing, demands for dining venues are also increasing, especially anything waterfront.This Florida-based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower-middle-market business owners and buyers with transaction expertise. Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! Get added to our buyer list today to receive notifications as businesses with your criteria hit the market! For more information on this business for sale contact listing agent Joe DiBartolo at 352-221-9667. Please refer to listing #3353234226.

 
   
   
Year Business was Established: 2020
   
Number of Employees: FT: 7 PT: 10 Mgrs: 1  
   
Facilities / Terms of Lease: Lease/Month: 12800 Square Footage: 4000 Building Type: Waterfront Terms & Options: Expiration Date: 12/31/2031  
   
Competition: Non Compete : Miles: 4 Years: 4  
   
Owner willing to finance: Owner Financing Terms $100,000.00 Owner Financing Interest 8% Owner Financing Terms Months 36  
   
Owner willing to train: Weeks Training: 2 Cost: $0  
   
Reason for selling: PERSONAL  
 

 

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