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Awesome Bar-B-Que Restaurant in High Traffic Retail Corridor

Fort Myers, FL
Asking Price:$650,000
Rent:$25,023.72/Month
Gross Revenue:$2,600,000
Established Year:2014
Listing ID: 2250613Listing provided by BizBuySell
BUSINESS DESCRIPTION

Well Known Restaurant

A well-known bar-b-que venue with a loyal customer base offers family dining, a game room, and a sports bar. The restaurant is located on a main traffic artery in a major retail area with access from Cape Coral, Fort Myers, Bonita Springs, and Naples.

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DETAILED INFORMATION
Location
Fort Myers, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
10,348
Lease Expiration
30/09/2029
Employees
44
Facilities
The restaurant has 8,999 sf of interior space, including a dining area, a bar, a game room, and a fully equipped kitchen. There is also a 969 SF covered finished porch dining area, which is completely furnished and fully equipped.
Competition
The population within a 10-minute drive is 80,000, with a median age of 49 and a median household income of $55,500. 22% of the adult population, with in 10 minutes, go to a family restaurant/steakhouse four or more time a month. Southwest Florida and Fort Myers are growing rapidly, driven by an influx of new home buyers and annual tourist visitors. Seasonal-adjusted airport activity was up 12% year over year in April 2024, and Tourist Tax Revenue was up 14% in March 2024.
Support & Training
Existing staff will stay if requested by new owners.
Reason for Selling
Resturanteur/owner is retiring after 50 plus years of experience.
Franchise
This business is an established franchise
BUSINESS LOCATION
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Bruce S. Preble, CCIM
Phone Number
Bruce S. Preble, CCIM
Call Phone