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Ocean Dining – Great Cashflow

Seafood

Jacksonville – for sale – Oceanfront Restaurant

   

Asking Price:$1,195,000

Cash Flow:$687,002

Gross Revenue:$3,305,108

FF&E:$200,000

Inventory:$45,000

Lease Rate/Sq. Ft.:$26.90/yr

Business Description

Popular Seafood Restaurants. Fantastic cashflow and experienced staff in place. Top location with  great lease in place. Attractive owner financing offered. Price includes valuable 4 Cop Liquor License. Industry experience a must. Personal Financial Statement and Non Disclosure Agreement required before Information can be released.

Detailed Information

Inventory:
$45,000 Included in asking price
Real Estate:
Leased
Building SF:
2,900
Lease Expiration:
8/31/2026
Employees:
76
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2900 Square Foot Stand Alone building with Ocean view. 8 plus years remaining on very favorable lease. Additional 1,000 square feet of deck
Growth & Expansion:
New owner could add additional opening hours to boost revenue and profit.
Financing:
595K for 72 months at 5%
Support & Training:
Two weeks at no Cost
Reason for Selling:
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