| Asking Price |
$2,300,000 | Inventory |
$4000** |
|---|---|---|---|
| Gross Income |
$1,000,000 | Real Estate |
$1,000,000* |
| Cash Flow |
$250,000 | Year Established | 1993 |
| FF&E |
$60,000* | Employees | N/A |
* included in the asking price
** not included in the asking price
After 15 wonderful years, this multi unit operator has decided to sell the place that started it all. Starting in March and continuing well into the fall, this place has lines out the door. It did over $1 million in sales last year and will do better this year. The seller has completely redone the inside to make it more efficient. The reason for his success is simple good food, reasonable prices, good service and a great atmosphere. Step into this place and you will think you are in the keys eat your heart out Jimmy Buffett! Located on a double lot 2 blocks from the beach, within walking distance of several hotels and condo complexes, the real estate alone is worth the asking price. It has an efficient kitchen capable of putting out the food and a huge walk-in cooler and freezer, which it needs. He fills it 3 times a week during the season. A new operator can take advantage of this seasoned operator's experience. In fact if a buyer keeps the name, he will insist on extensive training. Come and sit on the upstairs deck, soak up the sea breeze and atmosphere and you will never want to leave!
Facilities: Really cute free standing building with 2nd story deck on main street 2 blocks from ocean
Competition: Only restaurant of its kind in the area. Within walking distance of several high rise hotels and condos
Financing: Seller will consider
Support/Training: 2 weeks
Reason Selling: Has 2 other restaurants

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