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Naples Restaurant for Sale Grossing $5.2 MM - Owner Income 7 Figures!

Naples, FL (Collier County)

Naples Restaurant for Sale Grossing $5.2 MM - Owner Income 7 Figures!
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Asking Price: $1,000,000

Cash Flow: $1,038,239

Gross Revenue: $5,265,949

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $9,925.62 /Month

Established: 1996

Naples Restaurant for Sale Grossing $5.2 MM - Owner Income 7 Figures!

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Business Description

Rare opportunity to acquire a restaurant for sale with earnings on the books (Tax Returns) of a million dollars for an owner/operator on more than $5.2 million in sales. This very profitable, well-established and high-profile restaurant in the upscale and affluent beach community of Naples Florida will not last long!
This restaurant for sale, established for many years, has evolved into a premier dining destination of the region for Naples' elite, seasonal visitors and locals. After decades in the industry, the current owner is ready for retirement. For purposes of a quick sale, the business, at $1M, is priced below market value. The numbers don't lie. An informed, experienced and educated buyer, after reviewing the financial performance of this business, will immediately recognize this as a once in a lifetime opportunity.
The solid, ongoing fiduciary performance of this business qualifies the acquisition for both traditional and SBA lending as well as for E2 visa entry. Our national partners in the We Sell Restaurants network are standing by for lending approval within days, if not hours on this unmatched opportunity. The cash flow is on the tax returns and demonstrate the immense value of this opportunity with cash flow to an owner/operator exceeding seven figures.
An upscale yet approachable concept this restaurant for sale serving dinner nightly is consistently busy year-round. Well trained staff are in place to continue to serve the vehemently loyal clientele at this 100-seat gem. The facility is immaculately maintained, and attention is paid to every detail. An ambiance of casual sophistication is coastal and tasteful without being stuffy.
The culinary team is responsible for executing menu items and nightly menu additions at this restaurant for sale. These are cornerstones to the success of the business. A business which has evolved into a local iconic brand. All signature recipes transfer upon your purchase of this restaurant for sale.
The lease rate for the remaining term is an incredibly low 3% of annual sales. A new lease will be offered to the new tenant and We Sell Restaurants is available to assist with negotiations.
Decades of continuous, market dominance due to stellar operations qualifies this as an iconic restaurant for sale in Naples Florida. Continue the legacy, make this opportunity yours today!

Detailed Information

Location:
Naples, FL
Real Estate:
Leased
Building SF:
3,774
Lease Expiration:
6/30/2021
Employees:
40
Facilities:
booths and tables and chairs meat case digital monitor storage trailer apple computer dell computer pbx phone system wireless phone computer equipment security cameras 7 POS terminals imenu tech tablet 3 fryers walk in freezer 2 ice machines pots and pans and various small ware items hostess communications beer system sound system wine cooler retail scales fish smoker chargrill refrigerated merchandiser prep tables walk in cooler lobster tank retail cases 2 16 bar stools vulcan steamer glass and plate chiller walk in cooler china 48 inch range 20 qt mixer with stand condiment cooler 3 well steam table guest paging system robo coupe blender 2 steamers undercounter refrigerator truework top refrigerator flatware microwave pantry freezer kitchen printer ice cream freezer table and shelf hashizaki ice machine 2 televisions for bar kitchen printer and scanner
Competition:
Long established as a very high quality Naples dining spot
Growth & Expansion:
High traffic area high income area Over 23 years in business with fantastic reputation
Support & Training:
90 days
Reason for Selling:
Retirement
Business Website:
http://www.wesellrestaurants.com
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David Whitcomb

Business Listed By:
David Whitcomb

We Sell Restaurants

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Sponsoring Broker:
Eric Gagnon

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