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

Profitable Beach Restaurant & Bar (4COP)


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 Lender P/Q: 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 Email : 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

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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