Restaurant & Bar At Fort Myers Beach-Time Square

Fort Myers Beach, FL (Lee County)

Restaurant & Bar At Fort Myers Beach-Time Square

Asking Price:$2,900,000

Cash Flow:N/A

Gross Revenue:N/A




Real Estate:$1,600,000


Restaurant & Bar At Fort Myers Beach-Time Square

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Business Description

TIME OUT! Enjoy your Time Out at “Pete’s Time Out”, a family owned restaurant and bar in Fort Myers Beach, established in early 80’s by late Peter Lallo, the father of current owner John Lallo. Offering includes the Real Estate as well as a full operating turn-key restaurant and bar, FF & E, and 4COP liquor license (worth $235,000), and up to $25,000 inventory. It is located at the heart of the Time Square, steps to the beach and the Fort Myers Beach pier, with an open air, relaxing atmosphere, and “beach theme” decorated bar area. Perfect for sitting outside, watching the sunset and enjoying the live entertainment, performed frequently during the week and weekends. Excellent accounting records, good candidate for EB-5 Visa. Hurricane Shutters, online access to 16 video surveillance cameras and fully equipped efficient kitchen and three restrooms. For additional information, please use the appropriate NDA and return.

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Fred Kermani

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Fred Kermani

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