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Waterfront Restaurant and Bar – BM010378

Florida, Southeast US, US
1M-5M500K-2M Food & Drink
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TEASER
CLIENT CODE: BM010378
REVENUE/TURNOVER: $4,537,001
EBITDA: $664,645
HEADQUARTERS: Southeast US
 
Interested? Contact Us
813-898-2350
wsullivan@benchmarkintl.com
Waterfront Restaurant and Bar – BM010378

William Sullivan

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DESCRIPTION:

A single-location, waterfront, bar and restaurant that offers a family-friendly environment and a fun, tropical atmosphere.

KEY ASPECTS:

      • Prime waterfront location with dock access and complimentary boat parking
      • Family-friendly environment with an accommodating menu for all tastes
      • Long-standing history with the local community, and seasonal tourists

OPPORTUNITIES:

      • Consolidate menu items & ingredients for ease of prep and margin capture on spoilage of unordered items
      • Reconfigure current space to seat more guests
      • Close gift shop and convert to dining area
      • Upgrade current kitchen equipment to increase efficiency
      • Increase hours of operation, later hours would promote more beverage sales

HEADQUARTERED:

Southwest Florida

REAL ESTATE:

The company operates from a 5,951 sq. ft. facility leased from an unrelated third party. There is room to grow in the current location which is about 70% occupied.

SHAREHOLDER OBJECTIVES:

The company is wholly owned by a single shareholder who is active in the business and oversees daily operations. The business has been in the family since 2011 and while they have experienced consistent growth over recent years, the owner is looking to divest to pursue other opportunities.

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