MERIDIAN PARTNERS
CONFIDENTIAL BUYER TEASER
CONFIDENTIAL · 2026
CONFIDENTIAL OPPORTUNITY

Coastal Grove.

Restaurant & Bar.

GULF COAST, FLORIDA
WATERFRONT RESTAURANT & BAR
"Built to transact."
ASKING PRICE
$1.75M
2.9x of trailing-year SDE
PRESENTED BY
Your Name
POSITIONING

The Opportunity

Coastal Grove is a waterfront restaurant and bar with fifteen years of operating history, a loyal local following, and a seasonal tourist draw. The business runs on a seasoned management team, leaving the owner in a part-time oversight role.

FINANCIAL SNAPSHOT

By the numbers.

GROSS REVENUE
Pending analyst input
FY2023 · Form 1120-S
NET INCOME
Pending analyst input
FY2023 · Form 1120-S
OWNER EARNINGS (SDE)
$612,000
FY2023 · Form 1120-S
SELLER'S DISCRETIONARY EARNINGS

The earnings.

TRAILING-YEAR SDE
$612,000
THREE-YEAR AVERAGE
$548,000
WEIGHTED 50 / 30 / 20
$581,000
YEARSDE
2021$487,000
2022$545,000
2023$612,000
ASKING PRICE

The number.

$1.75M
2.9x of trailing-year SDE

Structure available upon LOI.

THESIS & GROWTH PLAN

Why This Deal Hits.

Stable, growing discretionary earnings on a recognizable concept in a supply-constrained waterfront location. The lease is long, the kitchen is built out, and the brand is established, an acquirer steps into a turnkey operation rather than a project.

UPSIDE

The upside.

Catering and private events are run informally today. A dedicated events function, extended winter hours, and a modest patio expansion are the clearest near-term levers on revenue.

TRANSITION PLAN

The transition.

The owner will support a sixty to ninety day transition and the management team intends to stay. Recipe books, vendor relationships, and POS history transfer with the business.

NEXT STEPS

Built to transact.

Coastal Grove. A platform for the right operator.
Additional information will be provided to qualified buyers upon execution of a Confidentiality Agreement (NDA) and proof of funds.
Your Name
MANAGING PARTNER
Meridian Partners
EMAIL you@yourfirm.com
"Built to transact."
LEGAL NOTICE

Disclaimer.

Meridian Partners

This Confidential Information Memorandum (CIM) does not constitute an offer to sell or a solicitation of an offer to buy any securities or assets.

Any offer or solicitation will be made only by means of a definitive purchase agreement.

Recipients should consult their own legal, accounting, and financial advisors prior to making any investment decision.