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| Asking Price: |
$690,000 |
Status: |
Active |
|
| Business Type: |
Food and Beverage / Service - Others
Entertainment and Leisure / Bar, Tavern, Night Club |
Reference #: |
80012 |
|
| Business Location: |
Casual Seafood, Florida |
Broker Coop: |
Yes |
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Annual Income Information |
Labor Information |
| Gross Sales: |
$1,390,000 |
Full-Time Employee: |
13 |
| Cash Flow: |
$191,090 |
Part-Time Employee: |
1 |
|
|
Business Detail Information |
Lease Information |
| Form of Ownership: |
S Corporation |
Leased SqFt: |
5,000 SF |
| Year Established: |
1999 |
Rent /Month (Include NNN): |
$1,965 |
| Accounting Info(years): |
3 |
Lease Exp.Date: |
1-2-2019 |
| Franchise: |
No |
Original Lease (# of yrs): |
|
| Liquor License: |
Yes |
Lease Left (# of yrs): |
|
| Seating Available(#): |
0 |
Lease Option (# of yrs): |
|
| Parking Space(#): |
0 |
Lease Renewable: |
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| Hours of Operation: |
M_F 4-10 PM Sat/Sun 10am-10pm |
Lease Transferable: |
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| Reason For Sale: |
Has other Business Venture |
Rent Increase: |
|
| Seller Training Available: |
Yes (4 weeks at NO cost) |
|
|
Price Description |
Financial Information |
| Real Estate Included: |
No |
Seller Cash Out: |
Yes |
| Real Estate Value: |
|
Seller Financing Available: |
|
| Fixture & Equipment Included: |
Yes |
Seller Financing Amount: |
|
| Fixture & Equipment Value: |
$35,115 |
Seller Financing Term(years): |
|
| Inventory Included: |
Yes |
Annual Interest Rate: |
|
| Inventory Value: |
$5,000 |
Min. Down Requested: |
|
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Business Description |
Full SRX bar license with a casual waterfront atmosphere that after 7 months in 2009 continues to ROCKET in sales. The menu is casual with lots of seafood entrees with an extremely reasonable price tag! Locals & Tourist enjoy live music on the deck while watching gorgeous sunsets & boats come & go. There seems to be no recession here & established business continues to soar new heights & has outlasted all competition. Seasoned skilled restaurant buyers will NOT be disappointed! |
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