Family Restaurant
Location Florida,United States
Asking Price Range $500K - $1.0M
Gross Revenues $799992
Net Profit / Cash Flow $301191
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1948
Number of Employees 10 - 19
Inventory $350,000.
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training Will train for 4 weeks at no cost.
Reason for Sale Retire - son too young to take over.
Description Family Restaurant & full bar in separate rooms. Seats 300. Plenty of parking. Opened Jan. 07. A/C, roof, parking lot, electric are all new. Major traffic corner. No real competition or bars in area. Could turn into a club if so desired. Reduce the owner benefit to $258,000 if no family employees.
Price: $599,999
Revenues: $799,992
Owner Benefit: $301,191
Assets: $350,000
Real Estate Available for purchase for additional $1,400,000.
Financing: $450,000 down. $149,000 for 36 months at 7%. Payment: $4,631.53/month.
Email or call Dan Gore at 813-681-6800 for more information on this Family Restaurant for sale.
Click Here To Contact Seller
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