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Accommodation & Food Services

Upscale Restaurant In Affluent Community

Martin County, FL, USA
Updated 103 days ago

LOCATION! LOCATION! LOCATION! Located in affluent Martin County, Florida, this 3,000 sq. ft. restaurant features an additional private, manicured, covered 40' x 30' outdoor dining area with two bars—a unique feature rarely found anywhere in Florida. The best part is the incredibly low lease of only $5,300 per month, secured through November 2040 with just 2% annual increases. Opportunities like this are extremely rare! Finding an upscale restaurant in an affluent community generating over $2.7 million in annual sales with such low rent is virtually unheard of. This is truly one of the most desirable restaurant locations and lease structures in Florida. Don’t Miss This Opportunity! Financing is available for a qualified buyer.

Employees

21

Lease Terms

Lease/Month: 5,305 Square Footage: 3,093 Building Type: Plaza Terms & Options: Negotiable Expiration Date: 11/30/2040

Real Estate

Lease

Trading Hours

SUN-SAT 3PM-9PM

Management Type

This business is owner operated.

Owner Financing

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

Premises Details

Lease/Month: 5,305 Square Footage: 3,093 Building Type: Plaza Terms & Options: Negotiable Expiration Date: 11/30/2040

Years Established

2

Support & Training

Weeks Training: 2 Cost: $0

Competition / Market

Non Compete : Miles: 10 Years: 2

Inventory / Stock Value

$10,000 - included in the asking price

Reason for Selling

Other Interests

Financials

Asking Price
$1.5M
RevenueMost Recent Year
$2.7M
Earnings (SDE)Last Reported
$458K
Assets ValueIncluded in Asking Price
$150K
Seller Financing
Not available

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