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- RE: Established Restaurant And Bar With Entertainment
- Contact: Matt Lange
Quick Facts
Asking Price: | $350,000 | |
Annual Revenue: | $1,679,344 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $255,849 | |
Total Debt: | Not Disclosed | |
FF&E: | $80,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2016 | |
Employees: | 28 | |
BBN Listing #: | 944251 | |
Broker Reference #: | 2301989312 |
Business Overview:
Great opportunity for an established, popular restaurant in Lake County. This unique restaurant is a locals and travelers favorite and stays busy with great food and beautiful surroundings. Open seven days a week for lunch and dinner, the extensive menu focusses on traditional American cuisine with the chef's special twist. There are plenty of seafood options and a great selection for the kids. Daily specials, a full bar serving craft cocktails, microbrews and wine combined with live music entertainment keep the seats full. This unique establishment partners with the local community sourcing all menu items from local farms, seafood vendors, microbrews and distilleries bringing the customers the freshest ingredients while supporting the locals. Full staff in place including a general, assistant, and front and back of the house managers. If you're looking for a great opportunity and option from the chain restaurants, this is what you have been looking for!
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Property Features and Assets:
Leased - Free-Standing Building
Facilities:Â Fully operational restaurant with kitchen, prep area, large indoor and outdoor dining. Large bar area.
Monthly Rent: $5,792.81
Square Units: 7,200 sq ft
Lease Expiration Date: December 30, 2027
Terms Options: 3% annual increase
Market Competition and Expansion:
Lake Eustis Waterfront Grille
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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