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| Profitable Beach Restaurant & Bar (4COP) | Price: $549,000 $295,000 |

| Listing No: BBF-893200023 |
| Category | : | Restaurants | SIC | : | 5812 | |
| Detail | : | Seafood Restaurant | Price | : | 295,000 | |
| County | : | Manatee | Down | : | 150,000 | |
| State/Prov | : | Florida | Adj Net | : | 196,989 | |
| Country | : | USA | Sales | : | 483,154 |
| Profitable and elegant seafood and steak restaurant with 4COP liquor license available $175,000, in a superior beach location. Diverse and unique menu and wine selection tailored for discriminating customers but has popular and affordable happy hour. Real estate available. 2,100 sq. ft. restaurant with attractive 1,400 sq. ft. 3/1 which could be converted for use with the restaurant and/or food/beverage service business. Does not do Lunch * TON OF POTENTIAL HERE * Historically has closed for one month vacation. Reasonable lease terms available. For more about this opportunity contact James Adkins, Broker Associate / Business Broker at (941) 713-0635 |
| Reason for Sale | : | Retirement |
| General Location | : | Beach |
| Organization Type | : | Corp 'Sub S' Hours Owner Works: 40 |
| Years Established | : | 14 Years Owned: 14 Emp FT: 4 Emp PT: 6 Mgrs: 2 |
| Non Compete | : | Miles: 25 Years: 5 Weeks Training: 2 Cost: 0 |
| Operating dys/hrs | : | 7 Days, 4pm till midnight |
| Skills/Licenses | : | Food/Beverage service |
| Business is | : | Relocatable: N Home Based: N Franchise: N |
| Data Source | Call Jim Adkins for all Tax and Financial Data |
| Year (Cash Flow) | |
| Gross Revenue | 941 713 1260 |
| Cost of Goods | |
| Gross Profit | Jim@AdkinsFloridaGroup.com |
| Expenses | |
| Net | |
| Owner Salary | |
| Benefits | |
| Interest Expense | |
| Depreciation | |
| Other | |
| Owner Benefit |
| Accounts Rec | 0 | * | Real Estate | 1,425,000 | A* |
| Inventory | 10,000 | Y* | 4COP | 250,000 | Y* |
| F F & E | 50,000 | Y* | Total Assets | 510,000 | Y* |
| Leasehold | 200,000 | Y* | *Included? |
| Lease/Month: | Square Footage: 2100 | Building Type: Block |
| Terms & Options: | Expiration Date: |
| Loan/Assumable | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
| Loan/Seller | - Amt: | 200,000 Mos: | 180 Rate: | 7.00 Mo Pmt: | 1,797.66 | |
| Loan/Other | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 |
| JAMES ADKINS | Office | : | (941) 729-7400 | |
| ASSOCIATE | Fax | : | (941) 729-7441 | |
| KELLER WILLIAMS ON THE WATER | Agent Direct | : | ||
| 5239 MANATEE AVENUE WEST | Cell | : | (941) 713-0635 |
| BRADENTON, FLORIDA 34209 | : | james@adkinsfloridagroup.com | ||
| USA | Home Page | : | www.kwotw.com |
| The seller provides all data and financial information on this business for informational purposes only. The broker does not warrant the above information and advises the buyer to seek professional advice when purchasing a business. This offering by the seller is subject to change or withdrawal without notice. This information sheet has been prepared on a confidential basis exclusively for: |
| mark | BBF-8932002 |
Request More Information About This Listing
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Address: FL Bedrooms: 2 Bathrooms: 2 |
Listing Status: Active
Broker: Keller Williams On The Water Agent: James P Adkins Provider Class: Agent Listing Type: For Sale MLS Name: Mid-Florida Regional Property Type: Business Property Style: Commercial |
FL Broker #CQ1003173.
Phone: 941-713-0635
Fax: 941-729-7441
An Equal Housing Opportunity Realtor®
© 2008 by Adkins Florida Group All Rights Reserved.
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