11711 Overseas Hwy Highway
Terrific, money making Mom & Pop business. Perfect business for new owner/operators. Same owners nearly 20 years and retiring. Well known and a local’s favorite 30 seat restaurant and Fish & Meat Market. Very favorable long term lease in a visible location on Overseas Hwy. Affordable rent of $2,500 per mos. plus sales tax & utilities. Gross near $740,000 in 2021 and strong net income. Includes business name, domain & website www.floridalobster.com, menu, all furniture, fixtures and equipment & agreed upon inventory. Room to grow by opening weekends, expanding retail lines, increasing prices and new blood! 4.5 Stars on Tripadvisor and #8 of 76 places to eat in Marathon. Financials are available to qualified buyers with a Confidential and Non-Disclosure Agreement.
| Price: | $$350,000 |
|---|---|
| Address: | 11711 Overseas Hwy Highway |
| City: | MARATHON |
| State: | Florida |
| Zip Code: | 33050 |
| Subdivision: | Little Venice (53.0) |
| MLS: | 599897 |
| Year Built: | 1957 |
| Bathrooms: | 2 |
| Half Bathrooms: | 2 |
| appliancesOther: | YES |
|---|---|
| area: | 16 - Sombrero Bch Rd to Vaca Cut - Oceanside |
| associationInfo1stRightOfRefusal: | no |
| associationInfoHOA: | no |
| bankOwned: | no |
| compensationDisclaimer: | The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. |
| construction: | Concrete |
| daysOnMarket: | 181 |
| dockage: | None |
| feeIncludes: | Other |
| financialStatusBankOwned: | no |
| financialStatusPotentialShortSale: | no |
| keyIsland: | Marathon |
| landSize: | Less Than 1/4 Acre |
| legal: | Business Leasehold Only No Real Estate Included |
| lotSqft: | 8615 |
| mileMarker: | 53 |
| parcelNum: | 00346740-000100 |
| potentialShortSale: | no |
| side: | Ocean |
| style: | Commercial |
| taxYear: | 2021 |
| taxes: | 4862.65 |
| type2: | Bar,Restaurant,Retail |
| utilities: | Buyer to Verify |
| waterfront: | yes |
| waterfrontType: | None |
| waterview: | No Waterview |
