Rare Waterfront Opportunity

Asking Price$1,800,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,100,000

Inventory$75,000
Not included in asking price
FF&ENot Disclosed

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Rare Waterfront Opportunity


Asking Price$1,800,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,100,000

Inventory$75,000
Not included in asking price
FF&ENot Disclosed

Business Description
Popular and well established, consistently profitable restaurant.
Great opportunity for an investor or individual to operate. This waterfront restaurant has been a premier dining destination for 13 years. Excellent, well trained staff are in place for a seamless transition. Many growth opportunities exist to expand sales revenue. The location and pictures will be provided upon signing a non-disclosure agreement.
About the Business
Years in Operation
13
Employees
40 (10 Full-time, 30 Part-time)
Facilities & Assets
4,500 square foot, 150 seat capacity with additional 100 patio seats. 18' commercial hood with well maintained equipment has capacity for 20K+ days. Two large walk-in coolers and one 4 door upright reach-in freezer. Separate keg room for bar inventory. Three 12 ft rollup doors open the interior to the outside deck accommodating an additional 100+ guests. Ample parking is steps away. Excellent lease in place including two additional 5 year terms. Within minutes of the I-5 highway.
Market Outlook / Competition
One of only a handful of waterfront restaurants in the entire community make this location very desirable. The patio dining actually extends over the water!
Opportunities for Growth
Opportunity to reintroduce daily morning service to a once very popular breakfast destination. Catering services will also boost revenue.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,500
Rent
$9,500.00 per month
Lease Expiration
12/31/2037
About the Sale
Seller Motivation
Focus on Other Business Interests
Transition Support
Owners willing to offer free initial training and ongoing support as long as required and agreed upon
Listing Info
ID
2507315
Listing Views

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Business Listed by: JEFF HOLMES

Listing ID: 2507315 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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