The math just works. Strong cash flow while paying it off.
Listing Number: 7101-674887
Listing Details
- Down Payment: $150,000
- Sales: $3,569,118
- Seller's Discretionary Earnings: $420,763
- Inventory: $20,000
- Furniture, Fixtures, and Equipment: $105,000
- Rent: $18,240
- Employees: 50
- Year Established: 20
- Reason for Selling: Retirement
Business Description
Founded in 2006, the restaurant is a highly profitable and well-established seafood restaurant located in Duval County, Florida. For more than 20 years, the business has built an outstanding reputation for quality, consistency, and exceptional hospitality, becoming a favorite among both residents and visitors.
The business has demonstrated strong and consistent financial performance with clean books and records and a three-year average Seller's Discretionary Earnings exceeding $445,000. Historical adjusted SDE totals, calculated directly from the company's federal income tax returns and normalized for customary add-backs, include:
- 2023 SDE: $399,352
- 2024 SDE: $515,571
- 2025 SDE: $420,763
The restaurant is operated by an experienced team, including a General Manager, Dining Room Manager, Bar Manager, and Executive Chef/Kitchen Manager, allowing ownership to remain largely removed from day-to-day operations. Established systems, loyal customers, and a prime coastal location have created a durable business model that has successfully thrived for more than two decades.
The restaurant has been prequalified by an SBA lending source for qualified buyers, providing financing confidence and expanding the pool of potential purchasers. The SBA underwriting process begins with historical tax returns, making the company's strong reported earnings and clean financial history particularly valuable to prospective buyers
With exceptional financial history, a respected brand, management in place, and a strong reputation within the community, this restaurant represents a rare opportunity to acquire one of Northeast Florida's most established and successful independent restaurants.
