Retail - Restaurants | Retail - Bars/Taverns

$Seller Financing Available

Asking Price	$445,000	Inventory	$14,000*
Gross Income	1625000	Real Estate
Cash Flow	$220,000	Year Established	2006
FF&E	$192,000*	Employees	31 f/t;15 p/t

* included in the asking price

** not included in the asking price

Amazing location sitting directly on the water w/ great profitability. Unique concept restaurant & bar (with live music) boasts a great exterior, as well as an even nicer interior and expansive decks for dining and private parties. It has three separate bars strategically located. This business is well established with a well-trained wait/ kitchen staff and manager(s) that would be willing stay-on. The business has a significant upside, since the owner is essentially absentee working 10-15 hrs/week. The business is located in one of Florida's premier resorts with multi-million dollar homes, championship golf courses, 1st class marina and millions of visitors each year.

Facilities: Amazing location!! It is strategically located on the beautiful Emerald Coast w/ a spectacular view of the marina. The facility is multi-level w/ approx. 7,500 sq. ft and seats 300. It has expansive decks for dining and private parties with spectacular views of the bay and marina. The business has both a restaurant and a separate bar area w/ stage for bands. The facility includes three separate bars strategically located. The building is in excellent condition w/ a truly unique concept.The business comes with a full liquor license.

Competition: There are many restaurants in the area, though none combine great food, full-service bar, beautiful water view and great ambiance of this restaurant.

Growth/Expansion: The current owner is absentee. An owner/operator could easily optimize business. Its sales/cash flow has remained steady in this challenging economy.

Seller Financing Available: Yes

Financing: Seller financing available w/ favorable terms....10 yrs @ 5.5%.

Support/Training: Owner is willing to provide training assistance for 30 days at no charge. Seller would like to sell concept through an optional limited licensing agreement which would keep the seller involved, if required.

Reason Selling: Seller is moving in a new direction.