Seafood Restaurant for Sale Earning $350,000 on Gross Sales of $2.6 MM

Stop looking at all the other opportunities!  This restaurant for sale is the one! Sales of $200K during the month of April, in a pandemic! Verifiable owner benefit of over $300,000 annually on $2.6M in sales. But wait! There's More!  Currently operating without any alcohol sales! Apply for a beer and wine license and instantly tack on.... oh, I don't know, another 25-30% in high margin revenue? 

This casual seafood restaurant for sale has a true New England flair. They bring in fresh fish, clams, lobster and shrimp daily to satisfy the demand for high quality seafood fresh from the Oceans and the Gulf. It's no wonder they are grossing $2.6 Million in annual sales and earning an estimated $300,000 for an owner operator!  Lending is available with our resources and you'll be approved in days on this purchase. 

Now for the best part.... the rent. A paltry amount of only 2.89% of sales. You read that right, annual rent of $66,936 for 4400 square feet on $2.6 million sales. Numbers guy or gal? How about these numbers? You are unlikely to find a lower occupancy cost on a restaurant for sale doing this kind of volume in the Southwest Florida market. Probably not going to happen. Not to mention the utility bill is spread out to all tenants and split. How sweet is that?

The menu is easy to prepare and the seller will train!  20 combined full and part-time employees keep things humming in the kitchen and front of house. Fish tacos, lobster bisque and what ought to be award-winning fish chowder are just a few highlights of this casual seafood restaurant for sale. Call We Sell Restaurants to make an offer!

Counter service only keeps the labor low without compromising the guest experience. Seating for 80 plus a fresh seafood market drive revenue in the 4400 square foot space. Customers enjoy the quality at portions at this casual seafood restaurant for sale.  Situated on a very busy main thoroughfare the current owners operate until 7:30 pm, so no more super late nights for you once you acquire this incredible opportunity. 

Take a hard look at this one before clicking away. The numbers speak for themselves. If you are ready to bask in the Florida sun this Winter and make some serious clams, this restaurant for sale is for you!

This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval. The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios. The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise. The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.

Please click on the tab below to easily acknowledge confidentiality on this Restaurant for sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker David Whitcomb at (239) 300-5041

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Listing

  • Listing#: 7310
  • Price: $699000
Lease Term: expires June 30, 2021
Monthly Rent: $5500,
Indoor Seating: 80
Inside Sq. Ft: 4400,
Hood System: Yes
Hours Open: 10:00-7:30 Monday-Saturday, closed Sunday
# of Part-Time Employees: 8
# of Full-Time Employees: 12
Net Sales: $2603481.00
Owner Benefit: $295739.56

Features

  • $200,000 Sales in April 2020!
  • High Gross
  • Outstanding Owner Benefit
  • No Late Nights
  • Casual Seafood
  • Central Location in Beach Community
  • Strong Reputation for Quality
  • Crazy Low Rent
  • Add Beer and Wine, Increase Sales!
  • Restaurant for sale