Exclusive Marina Two Restaurant Complex
Location:
United States
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
This 13,488 square foot facility established in 1996 is offered as a package that includes two original concepts with name and websites, located in the center of a premier marina on the Gulf of Mexico.
Each unique concept has franchise potential and both target a different demographic which benefit sales, marketing efforts while reducing overhead. Both operations have fully independent kitchens with dish rooms, walk-ins, hoods, fryers, grills, ranges, ovens, prep coolers, icemakers and bakery area.
The lush tropical facility has the layout to host many events including weddings, private events, comedy shows and banquets up to 800 guests. The building lease includes multi-level floors, seating for over 400, covered dining deck, waterfront seating area with cabana bar and unlimited parking. Year round security guards patrol the facilities nightly. A long-term lease is in place with 7 1/2 years remaining.
Annual revenue history exceeds $ 2,000,000 with owners benefit over $ 475,000.
Asking price is $ 1,250,000.
Long term this seasonal family market location offers big upside sales potential as the area matures into a year round economy. Business is located in a market area with white beaches, world-class fishing, championship golf and recently ranked by Policom as the 11th strongest micropolitan economy in America out of 674 markets and number one in the southeast. Contact for more information on this Restaurant Complex for sale.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$2,000,000
Cash Flow:
$475,000
Cash Flow Type: EBITDA
Inventory: $225,000
Seller Financing: No
About The Business
Year Established: 1996
Number of Employees: 50 - 99
Relocatable: No
Franchise: No
Current Real Estate: Leased
About The Sale
Management Training and Support: 3 months. Reason For Selling: Retiring.
Click on the "Contact Seller" button for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 700121820
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