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Newly Updated and Renovated Restaurant Bar and Lounge

Martin County, Florida

Asking Price: Gross: Cash Flow:
$1,000,000 $1,200,893 $240,180

Furniture and Fixtures Value:
$250,000 (included in the asking price)

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

Business Summary:
Newly Updated and Renovated Restaurant/Bar/Lounge in Prestigious Martin County Florida! With 3300 inside sq ft of beautifully decorated, newly renovated, exquisitely and ergonomically accommodating ambiance for that high end dining experience. Or sit outside and enjoy a peaceful, comfortable, tranquil dining experience with a 30x60 1800 sq ft covered patio. They offer all of this to their customers and more! The food is well known and is made fresh to order every day with starters like Falafel Balls, Mahi Tacos, Tuna Tostadas or get an Entree, Juicy Filet Mignon, Ribeye, Prime Rib or the Signature Salmon. They have a full liquor license and are well known for their large selection of wines from all around the world, strategically placed in a large wine room for all to see. The best news is a long term lease up to 2041 and only 2% increases with the landlord responsible for all repairs including the HVAC! Seller Financing Is Available to a Qualified Buyer! Don't Miss This Opportunity!! This Florida-based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With a local presence and global marketing reach, Transworld Business Advisors has provided main-street and lower middle market business owners and buyers with transaction expertise for over 40 years. For more information on this business for sale contact John Devries, 772 260-7647. Please refer to listing number 7301-963217.

 
   
   
Year Business was Established: 2023
   
Number of Employees: 15  
   
Facilities / Terms of Lease: Lease/Month: 5,100 Square Footage: 3,300 Building Type: Downtown Plaza Terms & Options: 3-5 YEAR OPTIONS Expiration Date: 3/1/2041  
   
Competition: Non Compete : Miles: 15 Years: 2  
   
Owner willing to finance: Loan/Seller - Amt: 300,000 Mos: 60 Rate: 10.00 Mo Pmt: 6,374.11  
   
Owner willing to train: 2 weeks training at no cost  
   
Reason for selling: Other Interests  
 

 

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