Lake Front Restaurant

Asking Price$1,100,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$650,000

Inventory$20,000
Included in asking price
FF&E$150,000
Included in asking price
Real Estate$900,000
Included in asking price
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Lake Front Restaurant


Asking Price$1,100,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$650,000

Inventory$20,000
Included in asking price
FF&E$150,000
Included in asking price
Real Estate$900,000
Included in asking price
Business Description
1.8 Acres of Lakefront. Year round restaurant with pier rentals and 2 apartments. West facing, beautiful sunsets. All restaurant equipment is owned except for dish washer and iron filter. Includes all kitchen equipment, grill, fryers, oven, pizza oven, 500lb ice maker, pizza dough mixer and roller, walk in cooler. Full new septic and kitchen waste system in 2021. New decks and patio. 6 piers with 24 rentals. 12 spots are leased through 2027. Brand new piers in 2023, 6 60 foot piers. Plenty of room for expansion. Successful top line business only open 3 1/2 days per week. Building and land are separate from the restraint but looking to do a deal for both companies. Tons of renovations including new roof over restaurant in 2020 and party room expansion. Gambling revenue as well.
About the Business
Years in Operation
6
Employees
14
Franchise
This business is an established franchise
Facilities & Assets
All assets included including kitchen, bar coolers, chairs, and all assets. Seating for 100.
Market Outlook / Competition
Current target customer is upscale tavern dining to the lakes community.
Opportunities for Growth
Room for growth in to banquet hall and kitchen expansion.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
5,000
About the Sale
Transition Support
I am a local small business man that lives local and willing to transition and it is important that this business thrives as it is the anchor property to the community.
Financing Options
Open to creative solutions
Listing Info
ID
2267326
Listing Views
2342

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