Landmark American Seafood For Sale For $995,000 - Business Making $1,200,000/yr

Landmark American & Seafood Restaurant in Boca Grande, FL.

Financial Information

  • Asking Price: $995,000
  • Gross Revenue: $1,200,000
  • Cash Flow: $281,161
  • Down Payment: $199,000
  • FF&E (Not Included): ON REQUEST
  • Inventory: N/A
  • Financing: Yes

Business Location

  • Lee
  • Confidential
  • Florida
Primary Business Category:

Includes 4COP License & Pre Approved for SBA loan. Ideal location in the heart of Boca Grande!. This very popular restaurant stayed open through COVID-19 (never closed) due to ample outdoor seating, a consistent To Go business and safe & clean restaurant practices. The breakfast meal and a 4COP Liquor License was recently added for solid incremental growth opportunities. The restaurant enjoys a 150 Seat capacity and served 423 Lunches in one day (2019). Known for the Grouper Sandwich & other popular menu items. Books out for Wedding parties & private parties upon volume requests. Fresh seafood delivered 6 days a week, utilizes several local vendors. Community orientated restaurant been operating for more than 30 years. Includes an Ice cream shop and a retail store that opens during the season that regularly enjoys lines around the building. Current long-term lease and fully staffed for the season.


Competition Description

LImited competition due to city wide ordinance prohibiting chain restaurants.


Growth / Expansion overview

Breakfast Recently Added and recently added a 4COP Liquor LIcense for Incremental Growth Opportunities,


Support / Training Comments

2 weeks free


Reason For Sale
Owners manage an animal rescue and want to move to a full time basis.
  • Home Based: No
  • Year Established: 1990
  • Franchise: No
  • Year Acquired: 2004
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: 4COP Included with Price

  • Is Property Leased: No
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Days Open: Monday thru Sunday
  • Hours Open: 8:00 AM to 4:30 PM
  • Fulltime Employees: 12
  • Part time Employees: 4
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: NEGOTIABLE
  • Building Size: 1721 sq ft
  • Seats: 150
  • Parking: Ample
  • Monthly Rent: $9,600
  • Additional Terms: 1721 sq ft space + Large Patio Area
  • Lease Expires: 10/01/2025

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Business Listed by

Sunbelt Naples & Fort Myers

Contact: Glen McLaughlin
Office Phone: 855-969-3534
Mobile Phone: 239-777-1537
Listing ID: NAPFL001-N71

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Disclaimer: No salesperson, field representative or other person has the authority to make a statement, promise or assurance concerning any matter related to the franchise that is contrary to, or different from, the information/terms contained in the Franchise Disclosure Document/Franchise Agreement. Any such statement, promise or assurance is unauthorized, unwarranted and unreliable. If you believe someone has made an unauthorized statement, promise or assurance to you, please contact Jessica Czekalinski, Esq. at 216-674-0645 ext. 619.