100% Turnkey Waterfront Restaurant
This restaurant is designed to be managed by an absentee owner, if desired. There are two general managers in place and a fully established staff. The purchase price is reflective of the seller's commitment and efforts in transforming this business with leasehold expenses, encompassing enhancements to the property, equipment, buildings, and landscaping, resulting in the establishment of a fully operational fine dining waterfront venue. There is no additional work, or sweat equity needed from you. The seller’s investment has positioned this turn-key business for a new owner to assume leadership immediately. An expenditure of approximately $1,100,000 has transformed this restaurant into the stunning waterfront establishment it is today. The property's estimated value stands at $3,500,000 as of December 2023.
Financials (USD)
Asking Price $4,500,000
Cash Flow On Request
Sales $3,400,000
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? No
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? No
Management will stay? No
Relocatable? No
Real Estate? No
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