Status: Sold
High End Fish Restaurant near the Beach - Listing #: 52370
| Listing No: BBF-966-52370 | |
Public Pictures:  |
| Category | : | Restaurants | SIC | : | 5812 | |
| Detail | : | Seafood Restaurant | Price | : | 2,100,000 | |
| County | : | Collier | Down | : | 2,100,000 | |
| State/Prov | : | Florida | Disc Earn | : | 620,893 | |
| Country | : | USA | Sales | : | 2,728,248 |
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This Naples restaurant has a perfect location near the beach and close to hotels. The restaurant offers a variety of sophisticated dishes with local and regional fresh fish, shellfish and locally procured meats. The assets include a 4COP Liquor license and an extensive wine menu. |
| Documents on File | : | Equipment List: Y Lease: Y Corp Resolution: Y |
| : | Cash Flow: N Balance Sheet: N |
| : | Standard Agreement: N Signature on File: Y | |
| Showing Remarks | : | CALL BROKER TO SCHEDULE A MEETING WITH THE OWNER |
| Reason for Sale | : | Relocation |
| General Location | : | Naples, FL |
| Organization Type | : | Partnership Hours Owner Works: 40 |
| : | Years Established: 201 Years Owned: 10 Emp FT: 12 Emp PT: 0 Mgrs: 1 | |
| Non Compete | : | Miles: 5 Years: 25 Weeks Training: 2 Cost: $0 |
| Operating dys/hrs | : | Tuesday-Saturday 5-9pm |
| Skills/Licenses | : | None |
| Business | : | Is Relocatable: N Is Home Based: N Is a Franchise: N Is Lender P/Q: N Should Qualify For Visa: Y |
| Data Source | P/L Statement | |||
| Year (Cash Flow) | 2021 (N) | (N) | (N) | |
| Gross Revenue | 2,728,248 | 0 | 0 | |
| Cost of Goods | 767,631 | 0 | 0 | |
| Gross Profit | 1,960,617 | 0 | 0 | |
| Expenses | 1,444,060 | 0 | 0 | |
| Net | 516,557 | 0 | 0 | |
| Owner Salary | 0 | 0 | 0 | |
| Benefits | 104,336 | 0 | 0 | |
| Interest Expense | 0 | 0 | 0 | |
| Depreciation | 0 | 0 | 0 | |
| Other | 0 | 0 | 0 | |
| Discretionary Earnings | 620,893 | 0 | 0 |
| Accounts Rec | 0 | N* | Real Estate | 0 | N* |
| Inventory | 5,000 | Y* | ___________ | 0 | N* |
| F F & E | 300,000 | Y* | Total Assets | 305,000 | Y* |
| Leasehold | 0 | N* | |||
| *Included? |
| Lease/Month: 15851 | Square Footage: 5500 | Building Type: Free Standing |
| Terms & Options: New long-term lease avail | Expiration Date: 11/30/2027 |
| Loan/Assumable | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
| Loan/Seller | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
| Loan/Other | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 |
| JOSEPH ALTER | Office | : | (239) 849-9334 | |
| BROKER | Fax | : | ||
| Home | : | (239) 849-9334 | ||
| SUNBELT BUSINESS BROKERS NAPLES & FT MYERS | Cell | : | (239) 849-9334 |
| 2640 GOLDEN GATE PARKWAY, SUITE 204 | ||||
| NAPLES, FLORIDA 34105 | : | jalter@sunbeltnetwork.com | ||
| USA | Home Page | : | sunbeltofflorida.com |