Food Shop on Anna Marie Island for sale in Manatee County, FL

Asking Price

$1,250,000

Gross Revenue

$2,031,406

Net Profit

$494,113

Listing ID:315674

Business Details

CategoryFood, Beverage & Hospitality

SubcategoryRestaurants

Employees9 FT/6 PT

FacilitiesN/A

Established2016

FinancingSeller Financing, SBA Loan Eligible, Investor Partnership

CompetitionNo real competition on the entire island. Franchises prohibited from locating on island. Must be authentic restaurants.

Business Description

Popular small restaurant for sale on prestigious Anna Maria Island. Across from Sarasota FL. Carry-out and dine-in. Let the business pay you a nice consistent living while you/family afford to live on island ocean joy. Solid long-term lease in place. Strong management in place. Often lines of customers waiting to get in. Average over $2M GS, sometimes 70K sales/wk. Net over 10K/wk. Over $150K in brand new furniture/equipment included. Totally different peaceful island vibe; various well-known sports/Hollywood/music celebrities own homes on the island. Live & work vibe of the ocean while business pays your expenses. This business will not SBA. Seller will not owner-finance over 250K. Solid documentation of operations available in due diligence. Requires large buyer deposit. Confidential + Financial required before receiving data package.

Listing Tags

Training IncludedEstablished LocationHigh Growth Potential

Listed By

John Lio

seller

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