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:
- Discuss with Seller