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The Wall Street Journal Online

Neighborhood restaurant/bar - Great location

Naples, Florida (Collier County)

Photo Available
Asking Price:
$1,648,000
Gross Income:
$960,000
Cash Flow:
$240,000
EBITDA:
$240,000
FF&E:
$249,000.00 *
Inventory:
N/A
Real Estate:
$1,399,000.00 *
Year Established:
2008
Employees:
9
Business Types:
Restaurants
Other Eating & Drinking Places

* included in the asking price

Business Description

A new neighborhood restaurant/bar located on a major highway. Restaurant has indoor/outdoor seating. They average $80K plus gross a month. Seating for 150. One of the best locations in the Naples area. Located by businesses, government buildings and a residential area. Owner is selling because of health issues. They have an S.R.X. Liquor License. New owner would have to change the name. Water and property taxes are included in the rent. Building only $1,399,000. THIS IS AN ASSET SALE.

Detailed Information

Facilities:
3,500SF
Support/Training:
1 week - no charge.
Reason Selling:
Health
Contact Seller

Broker Information

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Business For Sale Listed By

Phil Rice
Coldwell Banker Commercial NRT

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