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869 S. Atlantic Avenue, Ormond Beach, FL 32176
Last Updated over 1 year ago
Listing ID 15619244
Business For Sale
- 10 year financials available upon request.
This wildly popular seafood restaurant with sales of almost $2 million and a seating capacity of over 220, has been in business for over 23 years and highly profitable. Located on Ormond Beach "Restaurant Row", onwe half block from the ocean, on the NE corner of Atlantic Ave. & Harvard. This is a popular spot with the locals & vacationers alike. It's Key-West look along with the gorgeous Caribbean Pub withfull liquor license & total Nautica theme matches the location. Owner's expansion plans in a different segment of the industry causes for the sacrifice of this gold mine at $600,000. The selling price includes all company assets, including FF & E, experienced staffing of 45+, company goodwill, 22 year lease at an incredible monthly rent of 5% of the total sales, (yes, only 5% of the approximately $2 million in sales) and Intellectual Property: Own the "Barnacle" name in the State of Florida.
Ormond Beach "Restaurant Row", 22 year lease.
Map of 869 S. Atlantic Avenue, Ormond Beach, FL 32176 (Volusia County)
Additional Information for 869 S Atlantic Avenue, Ormond Beach, FL 32176
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