Waterfront Restaurant Semi Absentee Ownership

Manatee County, FL
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Asking Price:$425,000
Gross Revenue:$1,492,517
Rent:$12,800
Established Year:2021
Cash Flow:$148,960
Inventory:$30,000
FF&E:$150,000
BUSINESS DESCRIPTION

Semi Absentee Owned Waterfront Restaurant

Very rare to find a waterfront restaurant in one of the most beautiful locations in the US. Only 3 years old
Only 8% rent of sales is a very rare find with high increases of rent in the state of Florida especially being on the waterfront.
Over $1.5 million worth of assets and fixtures and leasehold improvements.
We have a brand-new outdoor deck along the water and additional patio seating along the water as well
Perfect opportunity for an E2 visa Most beautiful modern patio with over 200 seats. Established a great reputation in the community this opportunity will not last long with the population increasing, demands for dining venues are also increasing, especially anything waterfront.

This Florida-based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower-middle-market business owners and buyers with transaction expertise. Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! Get added to our buyer list today to receive notifications as businesses with your criteria hit the market! For more information on this business for sale contact listing agent Joe DiBartolo . Please refer to listing #3353-234226.


DETAILED INFORMATION
Location
Manatee County, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
4,000
Lease Expiration
31/12/2031
Employees
18
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Building Type: Waterfront
Competition
Non Compete : Miles: 4 Years: 4
Support & Training
Weeks Training: 2 Cost: $0
Reason for Selling
PERSONAL
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Joe
Di Bartolo
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Joe Di Bartolo