Listing #: 109-10360
Category: Food/Restaurant
  • Listed Price $ 850,000
  • Down Payment $ 850,000
  • Gross Sales $ 2,652,612
  • Total Income $ 320,522
  • Equipment/Fixtures$ 100,000
  • General Location South Florida
For more information contact:
Martin Berliant
Office: (561) 827-1181
Cell: (561) 827-1181
Office Website

Seafood Restaurant Chain

Four profitable and easy to manage seafood restaurants in South Florida for sale. Started by same owner in 2008 who is retiring. Concept can be used build more restaurants or franchise well known brand name and business model. Restaurants serve specially created seafood entrees and delicious desserts from 11am-8:30pm seven days per week. Long term leases in place at each restaurant, which are all located within busy plazas and heavily trafficked areas. Typical seating is 60-70 and restaurants average 2,000 sq ft. No liquor served; only beer and wine. This chain has a streamlined and easy to run operational management structure whereby each restaurant is largely self-contained and has its own server-manager. Only 6-8 employees are needed per restaurant, no gourmet chefs or expensive salaried positions required. Very large and dedicated customer following for these homey and family-friendly restaurants. About 30% of the business is carry-out (no delivery). Dedicated staff has largely been in place since each restaurant opened. Please contact Martin Berliant at 561-827-1181 or email for more information. Nondisclosure form is required.

Financial Information

  • Gross Sales:$2,652,612
  • Total Income: $320,522
  • Listed Price:$850,000
  • Down Payment $850,000

Financing:

Assets & Lease Information

  • Inventory: $10,000
  • Leasehold Improvements: $100,000
  • Equipment/ Fixtures: $100,000
  • Base Rent: $0
  • Total Rent: $0
  • Rent Deposit: $0
  • Year Established: 2008
  • Square Feet: 0
  • Lease Ends:
  • Lease Options: see attachment
  • Categories: Food/Restaurant
  • Other Assets:

Additional Information

  • Full-Time Employees:28
  • Part-Time Employees: 0
  • Contract Staff: 0
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  • Training Period: two weeks
  • Special License Required: None
  • Reason for Selling: retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.