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Accommodation & Food Services

Food Shop On Anna Marie Island

Manatee County, FL, USA
Updated 163 days ago

Popular small restaurant for sale on prestigious Anna Maria Island. Across from Sarasota FL. Carry-out and dine-in. Let the business pay you a nice consistent living while you/family afford to live on island ocean joy. Solid long-term lease in place. Strong management in place. Often lines of customers waiting to get in. Average over $2M GS, sometimes 70K sales/wk. Net over 10K/wk. Over $150K in brand new furniture/equipment included. Totally different peaceful island vibe; various well-known sports/Hollywood/music celebrities own homes on the island. Live & work vibe of the ocean while business pays your expenses. This business will not SBA. Seller will not owner-finance over 250K. Solid documentation of operations available in due diligence. Requires large buyer deposit. Confidential + Financial required before receiving data package.

Employees

9 FT/6 PT

Real Estate

Lease

Trading Hours

Mon-Thurs 10am-12am; Fri-Sun 10am-1am

Owner Financing

Owner financing is available. Please contact the seller for more information.

Premises Details

Good business location on the Island.

Years Established

9

Support & Training

Will train for 2 weeks @ $0 cost.

Expansion Potential

Still growing a little each month.

Competition / Market

No real competition on the entire island. Franchises prohibited from locating on island. Must be authentic restaurants.

Inventory / Stock Value

$3,000 - included in the asking price

Reason for Selling

Some health issues needing more attention.

Financials

Asking Price
$1.3M
RevenueMost Recent Year
$2.0M
Earnings (SDE)Last Reported
$581K
Assets ValueIncluded in Asking Price
$150K
Seller Financing
Not available

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