Status: Sold
Waterfront Restaurant in HOT AREA - Listing #: NAPFL001-N111
| Category | : | Restaurants | SIC | : | 5812 | |
| Detail | : | Restaurants | Price | : | 3,750,000 | |
| County | : | Lee/Collier | Down | : | 3,750,000 | |
| State/Prov | : | Florida | Adj Net | : | 1,599,188 | |
| Country | : | USA | Sales | : | 5,793,468 |
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This business is located in a prime location within SWFL on the water with a beautiful view. A family friendly restaurant with an atmosphere like no other. Business has been successful since inception and has recorded recorded breaking years in sales in 2019 and 2021, even with COVID in 2020 this business still had SUCCESS with a 2 month shutdown! You can expect a business that is consistent on workforce and employees who can manage full time, a new owner could work as much or as little as needed based on their desired success. Sellers have asked for complete discretion, please request an NDA to learn more about this amazing business. |
| Reason for Sale | : | RETIRE |
| General Location | : | SWFL |
| Organization Type | : | 'LLC' Hours Owner Works: 40 |
| : | Years Established: 10 Years Owned: 10 Emp FT: 3 Emp PT: 50 Mgrs: 4 | |
| Non Compete | : | Miles: 250 Years: 5 Weeks Training: 4 Cost: $0 |
| Operating dys/hrs | : | M-F 11-9 : Sat-Sun Open early |
| Skills/Licenses | : | Business |
| Business | : | Is Relocatable: Y Is Home Based: N Is a Franchise: N Is Lender P/Q: N Should Qualify For Visa: Y |
| Data Source | P/L Statement | Tax Return | Tax Return | |
| Year (Cash Flow) | 2021 (N) | 2020 (N) | 2019 (N) | |
| Gross Revenue | 5,793,468 | 3,952,371 | 4,537,001 | |
| Cost of Goods | 1,848,317 | 1,315,947 | 1,568,964 | |
| Gross Profit | 3,945,151 | 2,636,424 | 2,968,037 | |
| Expenses | 2,587,963 | 2,177,560 | 2,404,425 | |
| Net | 1,357,188 | 458,864 | 563,612 | |
| Owner Salary | 105,000 | 102,019 | 100,000 | |
| Benefits | 137,000 | 107,828 | 143,125 | |
| Interest Expense | 0 | 0 | 0 | |
| Depreciation | 0 | 13,635 | 0 | |
| Other | 0 | 0 | 0 | |
| Owner Benefit | 1,599,188 | 682,346 | 806,737 |
| Accounts Rec | 0 | N* | Real Estate | 0 | N* |
| Inventory | 20,000 | Y* | 4COP Liquor License | 250,000 | Y* |
| F F & E | 100,000 | Y* | Total Assets | 402,000 | Y* |
| Leasehold | 32,000 | Y* | |||
| *Included? |
| Lease/Month: 21115.21 | Square Footage: 5951 | Building Type: Multi-Use Retail |
| Terms & Options: Triple-Net | Expiration Date: 10/31/2030 |
| JASON BROOKS | Office | : | (239) 849-9334 | |
| ASSOCIATE | Fax | : | ||
| Home | : | |||
| SUNBELT BUSINESS BROKERS NAPLES & FT MYERS | Cell | : | (239) 357-7073 |
| 999 VANDERBILT BEACH RD. STE 200 | ||||
| NAPLES, FLORIDA 34108 | : | jbrooks@sunbeltnetwork.com | ||
| USA | Home Page | : | sunbeltofflorida.com |