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Seafood Restaurant And Sports Bar In Monroe County For Sale

Monroe County, Florida
Asking Price:
$1,500,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,352,000 (USD)
Cash Flow:
$379,000 (USD)

A Florida Keys tradition, this long established restaurant is back with the original owner. Serving seafood, burgers, steaks, prime rib and typical Florida Keys fare, the restaurant consistently receives very positive reviews both from locals and tourists alike. The restaurant occupies a 2,800 square foot free-standing building with ample parking next door to the Dolphin Research Center. The restaurant has a fully equipped kitchen with a number of recently upgraded pieces of equipment. It has total seating for 120 including the bar area, dining room and patio. Please refer to Listing and advisor Angel Gonzalez when inquiring.

Property information

Real Estate:

Lease

Lease Terms:

Lease/Month: Square Footage: 2800 Building Type: Free-Standing
Terms & Options: Expiration Date:

Leasehold Rent:

$350,000 (USD) per annum

Business Operation

Reasons for selling:

Retirement

Trading hours:

Tuesday to Sunday 11 am to 10 pm

Employees:
21
Years established:
17

Other Information

Support & training:

Seller will train for 4 weeks at no cost.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller will finance a total of $500,000 at 7.25% for a monthly price of $9,959.68 for 60 months.

Furniture / Fixtures value:
$120,000 (USD) - included in the asking price
Inventory / Stock value:
$10,000 (USD) - included in the asking price

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