Restaurant for Sale in Punta Gorda Offered by the Restaurant Brokers

Punta Gorda, FL (Charlotte County)

Seller Financing Available
Restaurant for Sale in Punta Gorda Offered by the Restaurant Brokers

Asking Price:$199,000

Cash Flow:$94,180

Gross Revenue:$645,878

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:2010

Restaurant for Sale in Punta Gorda Offered by the Restaurant Brokers

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Business Description

Buy this locally owned Restaurant for Sale that was established by a chef who will share all recipes and assist in your transition! Profitable location with a Full Service Bar!

The smart owner has expanded this Restaurant for Sale location beyond a traditional restaurant with live music on the weekend, wine dinners and private cooking classes! It’s no wonder sales last year were more than $645,000 last year! Benefit to an owner operator is more than $90,000 per year which is a great living in this fantastic lifestyle community. Full service bar is a money maker for this restaurant for sale and offers specialty wines, micro-brews, and craft cocktails.

This Restaurant for Sale by the restaurant brokers takes advantage of the amazing environment with a wonderful menu that includes favorites from the ocean like shrimp and sea scallops, pork chops, beef bourguignon and more! All recipes transfer with this Restaurant for Sale and the owner will fully train someone coming into the business to take over. Lease on this outstanding location is $5,916 per month including taxes and sales tax with option years valid through 2016. There is a 1000 square foot separate cottage for special events included in the rent. A new owner of this Restaurant for Sale will have the opportunity to negotiated additional lease years. This great lifestyle Restaurant for Sale is open for lunch and dinner Monday through Friday and dinner only on Saturdays. The current operator is closed on Sundays but that could be an opportunity for a new owner to expand service to include brunch service.

Live in gorgeous Punta Gorda Florida that features a beautifully restored historic district, many natural attractions, waterside shopping and leisurely strolls along the Harborwalk and at Fishermen's Village on Charlotte Harbor. Florida is a 0% (that’s right NO income tax) state is business friendly. No wonder life in the sunshine state couldn’t be better. Easily reached by I-75 along Florida’s south-central Gulf Coast, Punta Gorda features streets lined with huge royal palms, old Florida-era tin-roofed homes with wide verandas, brick lanes, and street lamps and benches that leave an almost tangible old-Florida atmosphere. Beautiful dining inside at this Restaurant for Sale and out with colorful tables and chairs on an outdoor patio space which is available to the general public or can be easily reserved for a private party.

Contact the Restaurant Brokers today for more information on this great Restaurant for Sale!

Detailed Information

Employees:
2 FT 12 PT
Financing:
Bank financing with 25% down
Support & Training:
After closing

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Eric Gagnon

Business Listed By:
Eric Gagnon

We Sell Restaurants

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Memberships & Certifications:
Indicates membership in The Georgia Association of Business Brokers (GABB).

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