FLORIDA KEYS ! Islamorada, Busy Restaurant on Main Highway

Islamorada, FL (Monroe County)

Seller Financing Available
FLORIDA KEYS ! Islamorada, Busy Restaurant on Main Highway
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Asking Price: $170,000

Cash Flow: $100,000

Gross Revenue: $400,000

EBITDA: N/A

FF&E: $50,000

Inventory: N/A

Rent: $2,650 /Month

Established: 2017

FLORIDA KEYS ! Islamorada, Busy Restaurant on Main Highway

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Business Description

FLORIDA KEYS! Islamorado Busy Restaurant on Main Highway

This business opened its doors early in 2017 after an extensive remodel and is first time as a food business at this location. Located on Main Hwy. It is EAT IN also with high volume of togo. It has seating for 18 inside plus 6 Benches outside seating 24. 1600sq foot divided as 800sq foot restaurant use plus 800 sq foot storage /office space. SALES UP BY 40 PER CENT FOR FIRST QUARTER OF 2019, Great opportunity to take over this fast growing business.
An award winning, funky keys eatery in the heart of the Florida keys. This popular destination spot has become one of the top restaurants in the keys since opening just 2 short years ago. Its consistently in the top 5 restaurants on Yelp and TripAdvisor. Dine outdoors under a canopy featuring cozy seating, mood lighting, casual music and sand. Indoor seating is surrounded by unique, nautical decor and walls filled with notes from past customers. (Take out available too) This hot spot has been noted to have "The best fried shrimp in the keys", and the continual increase in profits each year proves it. All the hard work has been done for you, come take a look and see what paradise tastes like.

Detailed Information

Location:
Islamorada, FL
Real Estate:
Leased
Building SF:
1,600
Lease Expiration:
1/31/2021
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1600 SQ FOOT STAND ALONE BUILDING 800 SQ FT OF RESTAURANT AND 800 SQ FT OF OFFICE/STORAGE RENT $2650.00 A MONTH TOTAL
Growth & Expansion:
SALES IN 2019 ARE PROECTED TO BE OVER $400,000 WITH PROFIT IN EXCESS OF $100,000 plus..... SALES ARE UP FIRST QUARTER OF 2019 BY 40% against 2018 OPEN 11.30AM TO 9.00 PM SIX DAYS A WEEK CLOSED TUESDAYS
Support & Training:
SELLER WILL CONSIDER SELLER FINANCING WITH AT LEASE 50 PER CENT DOWN. TERMS TO BE NEGOTIATED.
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(from currently available funds)
 
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Richard Veale

Business Listed By:
Richard Veale

Profiles International Realty

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