Profitable, Turnkey Waterfront Restaurant for Sale

Family-Friendly Neighborhood Favorite

70 Years of Legacy, Freshly Renovated, Rebranded, and Ready for a New Chapter—Run It Without the Daily Grind.

Are you looking for an opportunity to own a thriving, family-friendly restaurant in a prime waterfront location? Whether you're an experienced restaurateur or new to the industry, this established and beloved neighborhood gem offers everything you need to succeed. The current owners are committed to a smooth transition and will stay on to provide comprehensive training, ensuring you're fully equipped to manage and grow the business. Plus, with the business currently growing cash flow significantly, now is the perfect time to invest and capitalize on its upward momentum.

Key Features:
- Semi-Absentee Ownership: Front-of-House (FOH) and Back-of-House (BOH) managers handle day-to-day operations, allowing for minimal owner involvement.

- Prime Waterfront Location: The only restaurant on a chain of lakes, offering stunning views and easy access by boat or car. Located in a top destination for tourists and locals alike.

- Family-Friendly Atmosphere: A neighborhood favorite, known for its welcoming environment that appeals to all ages.

- Fully Renovated: Recently upgraded from top to bottom, including expanded parking, additional boat slips, a beer garden, live entertainment, and state-of-the-art kitchen equipment.

- Loyal Customer Base: A diverse and dedicated clientele, with a healthy mix of locals and tourists. The restaurant effectively maintains customer traffic, filling its capacity regularly during the high season.

- Growth Potential: Significant opportunities for revenue expansion through catering services, merchandise sales, extended hours, and breakfast offerings.

- Proven Marketing Strategy: A robust marketing plan combining local print ads, social media, and word-of-mouth, driving consistent traffic of new and returning customers.

- SBA Pre-Approved Financing: Pre-approved for SBA financing, making this a highly accessible opportunity for qualified buyers. The sellers are also willing to offer a 5% seller carry with a full-price offer.

Business Highlights:
- Strong Cash Flow: The restaurant consistently outperforms industry averages with a 20% cash flow to revenue ratio, demonstrating profitability and stability.

- Efficient Cost Management: Prime cost (COGS) is consistently below industry average, contributing to strong financial performance.

- Impressive Financial Performance: Over $2 million in revenue in 2022, with cash flow increasing to $372,939 in 2023, reflecting robust financial health.

- High Customer Spend: The average ticket is $22 per customer, with 80,000 customers served annually.

- Diverse Revenue Streams: The restaurant generates steady revenue from multiple sources, including a comprehensive lunch and dinner menu, beer, wine, and liquor sales, snacks, and a range of branded merchandise.

- Ample Seating Capacity: The restaurant can accommodate 140 people inside and 230 outside, making it well-suited for large gatherings and high traffic.

- Technology-Driven Operations: A robust POS system with detailed reporting capabilities, ensuring smooth and efficient operations.

- Strong Social Proof: 12,000 social media followers and 557 positive reviews validate the restaurant's popularity and customer satisfaction.

Why Invest?
This is a rare chance to acquire a successful, turn-key restaurant in a high-traffic location. The business is well-positioned for continued growth, with opportunities to expand hours, enhance marketing efforts, and further tap into the vibrant local community.

Next Steps:
If you're an individual buyer, an experienced restaurant owner, or an investment group looking to add a profitable, well-established restaurant to your portfolio—or even if you have no prior restaurant experience—don’t miss this opportunity. Contact Michael Moore today to access the confidential business review and learn more about how you can make this exceptional restaurant your own.