Listing Number: BBF-353-939094
Price: $1,200,000
Down Payment: $1,200,000
Location: Martin County, Florida
Category: Restaurants
Industry (SIC): 5812 – American Restaurant
Gross Sales: $3,813,904
Discretionary Earnings: $284,103
Inventory: $10,000 (Not Included)
FF&E: $272,859 (Included)
Leasehold Improvements: $78,968 (Included)
Total Assets: $351,827 (Included)
May Qualify for Visa: No
Contract Status: Contract Pending / Accepting Backup Offers

Business Overview

A rare opportunity to acquire one of the Treasure Coast’s most beloved waterfront dining destinations. This iconic restaurant has been owned and operated by the same proprietor for over 30 years and is now on the market for the first time.

Offering unparalleled waterfront views and direct water access, guests can arrive by boat or car. The restaurant is renowned for its excellent food, memorable experiences, and loyal customer base.

The business is fully staffed with a managerial team in place and can be run absentee, as the current owner does not work in the business.

Key Highlights

• Iconic, waterfront location with direct water access

• Long-standing reputation and loyal clientele

• Proven profitability with $3.8M in annual sales

• Fully staffed, turnkey operation

• Can operate absentee with current management team

• FF&E included: $272,859

• Leasehold improvements: $78,968

Growth Opportunities

• Expand marketing to attract new visitors and boaters

• Introduce seasonal events or private catering

• Enhance social media and online presence

• Leverage waterfront location for premium dining experiences

Business Information

• Relocatable: No

• Home Based: No

• Franchise: No

• Lender Pre-Qualified: No

• May Qualify for Visa: No