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Business Listing
| Listing No: | 8784978 |
|---|---|
| Category: | Restaurants: Family Style |
| Description: | Landmark beach restaurant w/living quarters |
Business Details
| Revenues: | $395,342 |
|---|---|
| Adjusted Cash Flow: | $95,040 |
| Selling Price: | $545,000 |
| Down Payment: | $245,000 |
| General Location: | Sarasota Area Gulf Beaches |
Executive Summary
Unusual opportunity to own and operate your own restaurant and bar concept on one of the most desirable locations in the United States. Seller financing. This is a family restaurant that serves the entire Sarasota area islands. Commercial real estate is extrodinarily hard to find with very few options available. Excellent frontage, visibility, and access to the main beach drive through the west Florida barrier islands. The 4COP liquor license allows for more business that the current owners are NOT taking advantage of. The owners only open for dinner business. Income could possibly be doubled opening for lunch. Additional income could be had by also opening for breakfast. The current owners choose not to expand hours because of their age. There is also a very nice two story apartment available on the second and third floor for operators who choose to live on site. The real estate is available for sale at a separate price that the owner is willing to finance.
Last revision: 9/28/2011 10:45:00 AM