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Curtis Skomp

Owner

Once in a lifetime opportunity to purchase Snappers Key Largo Restaurant & Bar, an iconic Key Largo establishment with a 40+ yr. track record of success. There are very few direct Oceanfront Restaurant & Bars in the Upper Keys and very limited waterfront competition. Indoor & Outdoor patio seating with 12 wet boat slips overlooking the Atlantic Ocean. Restaurant is licensed for over 250 Seats. Restaurant & kitchen were totally rebuilt with all new Furniture, Fixtures & Equipment plus most of the electric & plumbing all updated in 2018. Includes 4 unique hotel rooms on 2nd floor with transient license & 2 bd house for employees. Fully approved & permitted Plans to rebuild the Turtle Club as well as Food Truck included. Turtle Club will be an elevated Oceanfront building with a new bar and seating overlooking open Atlantic Ocean. This will add tremendous growth to top and bottom line income. Overall, there are 4 large lots included with a total of 2.37 ac. of Uplands and .57 Ac of submerged baybottom that is owned, not leased. In addition, the corner lot on the highway is included with a large sign that is very visible to both N & S bound traffic. There is ample customer and employee parking which is rare and valuable. Strong financial numbers both Gross & Net. Room to substantially grow income by adding daily lunch, breakfast and rebuilding the Turtle Club. Also may be suitable for franchising opportunities as all IP is included and fully trademarked.

Listing ID602684
Price$10,500,000$2M
StatusActive
Bedrooms5
Total Baths7
Full Baths5
Partial Baths2
SqFt 6,740
CountyMonroe
SubdivisionSeaside Sub (94.5)
Year Built1958
Property TypeCommercial
Property Sub TypeCommercial
Listing Agent
Curtis Skomp, CCIM
Curtis Skomp, CCIM
Title: Owner
Office Phone: 305-296-1400
Office Fax: 305-296-1403
Cell Phone: 305-304-0084

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Image of Curtis Skomp, CCIM
Curtis Skomp, CCIM
Owner
United States
Phone: 305-304-0084
Fax: 305-296-1403

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