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Restaurants|American Restaurant6786

Asking Price: $350,000   Down Payment: $70,000  
Gross Revenue:   Adj. Cash Flow*:  
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Executive Summary

Rare opportunity to purchase a restaurant on beautiful Sanibel Island. Totally renovated in the last 4 years. This landmark, 30 years old restaurant, is open for business, but is being sold as an ASSET SALE. Hard to get outside seating (82 seats inside and 16 outside). 1st time on the market! Seller financing: 5 year note amortized for 10 years.

Acquisition Highlights

  • Training Information:  2 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1987 Inventory: $6,000 Included
Employees: 10 FT, 4 Mgrs Furniture, Fixtures & Equipment: $350,000 Included
Lease/Rent: $4,200 Real Estate:
Building Sq Ft: 2400
    Total Assets Included in Sale: $356,000
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.


Contact:  Peter A Mazzagatti
Phone:  (239) 936-1718
Fax:  (239) 936-1907
Other:  (239) 984-3308
Corporate Investment Business Brokers, Inc
8890 Salrose Lane
Suite 204
Fort Myers, FL 33912
The above company and/or agent is a licensed real estate broker/and or a business broker.
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