Business Description
Profitable Beach Bar/Restaurant
Acquire a profitable beach bar in paradise for less than you think!
Pre-approved for an SBA business acquisition loan by a local bank, experienced restaurateurs can finance 90% of the purchase over 10 years.
$350k down payment. Recoup the initial investment in approximately 12 months, and then cashflow $350k+ annually after SBA debt payments.
The ultimate spot for an owner/operator to spend their retirement in South Florida. A hotspot for both locals and tourists, this bustling destination features American/Seafood cuisine and has live music 7 days a week.
2023 revenue was $3.6M, with a profit of $760k+. Projections for 2024 are set to exceed 2023.
The restaurant has a beautiful $2.5M buildout. The sale includes all equipment and furnishings and the assumption of an existing long-term lease in a coveted location.
Listing is confidential. Please reach out to sign an NDA to get further details.
Detailed Information
Real Estate: Leased
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