Seafood Restaurant with Property Worth Moving to Florida For

Englewood, FL
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Asking Price:$1,300,000
Gross Revenue:$1,000,000
FF&E:$250,000
Established Year:2022
Cash Flow:$250,000
Inventory:$30,000
Real Estate:$900,000
BUSINESS DESCRIPTION

Fabulous fresh seafood restaurant in a tropical casual atmosphere in a great growing area.
It is the place to go to fresh oysters, clams, mussels, lobsters and beer.
Perfect for a good time or watching the game.
Tiki bar, full liquor bar, and outside seating.
Owner spent 1 year rebuilding the restaurant and opened in 2022.
2023 second year in business restaurant grossed over $1 million.
2024 revenues continue to go up.
Great coastal location in a growing area with a lot of development under construction. Owner believes this place is a gold mine but selling to retire.
Business is for sale with two properties, corner lots in prime location close to Boca Grand.
Owner will not sell business without the properties.
This is a tremendous opportunity. It is worth moving to Florida for.


DETAILED INFORMATION
Location
Englewood, FL
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
1,600
Employees
21
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Newly rebuilt in 2022 restaurant in a great growing area next to Boca Grand. Booming new construction close by including developments by Lennar. Two properties included in the sale. Restaurant and parking sit on one property as well as second property for additional parking. Total 1/2 an acre. Beautiful restaurant with tiki bar and liquor bar and outside seating
Growth & Expansion
Great coastal location in a growing area with a lot of development under construction. Owner believes this place is a gold mine but selling to retire.
Financing
Bank financing
Support & Training
Owner will train for 2 weeks at no cost.
Reason for Selling
Retiring and Moving
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Rita
Barbato
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Rita Barbato