A RARE and UNIQUE opportunity to own a one of a kind Historical property. INVESTOR ALERT!! A restaurant which embodies the classic “Old Florida” feel with outdoor dining and sits close to the Myakka River. Established in 1996 it has a clientele that are loyal fans of the incredibly fresh and unique local fare offered here, tourists visiting the gulf beaches are sure to hear the recommendation to visit multiple times during their stay! Featuring 6 draft local and domestic beer taps plus coolers for bottled beer and chilled wine. Beer & Wine license is available to be transferred. This successful restaurant has been in business since 1996 and it is being offered turn key with the business operations. The tree draped courtyard provides excellent seating for enjoying the community stage and LIVE music. Built in 1922 as a general store / post office and designated as one of fourteen historical markers in Charlotte County. The property includes the 24 room El Jobean Grand Hotel which has a historical preservation allowing for "reconstruction". The hotel could be used as a Venue. Rails to Trails plans to connect Florida's Legacy Trail to Boca Grande which will pass directly by the property. Entering the screen porch you are immediately brought back to another time, a simpler time and one where the stresses of today melt away.
Sellers are hands on owner operators and have created an EFFICIENT RUNNING MACHINE that produces a ton of delicious food. Owners are willing to help transition for a smooth sale. Includes kitchen equipment, wares, furniture, electronic equipment, menu/recipe book, professional branding. Much of the kitchen equipment was recently upgraded and will convey along with all front of the house property. Friendly and committed service staff in place that would like to stay through the transition. A full list of inventory along with the financials will be provided upon request to a qualified buyer.
Excluding owner's personal memorabilia, all inventory is included with the sale some items are: • 2 reach in freezers, 2 chest freezers, 1 stand up freezer • 3 compartment kitchen sink washing area • 1 small handwashing sink in kitchen • 2 cold storage prep tables/1 cold prep storage • 6 tap kegerator • ice well bottle cooler • wine rack, wine shelf storage area • 3 compartment glass washing sink behind bar • 1 bar handwashing sink • POS system • Security System • 2-50# Fryers • Oil Filter System• 24' Flat Top with 2 Burners • plus more
This is a great opportunity to own a successful business making money from day one. This is a once and a lifetime business opportunity! The only question is "What are you waiting for?"
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,112,000 | $1,112,000 | $1,112,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $166 | $166 | $166 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,212 | $7,120 | $9,763 |
Total Monthly Payment | $7,503 | $7,411 | $10,054 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.