CONFIDENTIAL PROFILE
93701128

Listing Price:  $1,999,000  Gross Sales:  $943,502 
Down Payment  $1,999,000  Recast earnings* (Owner Benefit):  $214,866 
Location:  Naples, FL

  Naples Restaurant on Water - Net $215K

Executive Summary

Naples, well-established restaurant/lounge on water with indoor/outdoor seating.  SRX Liquor license.  Presently open for dinner only but sales could be increased by opening for lunch also.  Can come by car or boat.  One of a kind location.  Real estate included in price.  Sales were down in 2017 due to Hurricane Irma.

Business Synopsis

Asset Information (estimated fair market value)

Established in: 2010 Inventory: $5,000 Included
Employees: 10 FT, 3 PT Furniture, Fixtures & Equipment: $85,000 Included
Facilities: Real Estate: $1,100,000 Included
Business Format: Total Assets: $1,390,000  
Reason for sale: Other business
Operating History 2017 2016 2015
Financial Source Tax Return Tax Return Tax Return
Gross Sales $943,502 $1,069,894 $998,208
Gross Profit $630,513 $743,904 $300,624
Adjusted Earnings (Owner Benefit)* $214,866 $220,844 $154,978
(*) Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Detailed information on this business is available to principals only.
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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: 
Phillip T. Rice
Phone: 
(239) 280-3121
E-Mail: 
Coldwell Banker Commercial NRT
4851 Tamiami Trail No.
Suite 100
Naples, FL 34103
www.coldwellbankerbiz.com