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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