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Businesses For Sale   >>   Absentee Businesses For Sale   

New Restaurant & Bar On Busiest Highway

Location  Florida,United States
Asking Price Range  $250K - $500K
Gross Revenues  $2000000
Net Profit / Cash Flow  $200000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2014
Number of Employees  35 - 49
Inventory  250000
Relocatable  No
Number of Employees  35 - 49
Real Estate  Leased
Training  4 weeks at no charge
Reason for Sale  Equity opportunity in another business

Description  
Exceptional concept, menu, location and staff for a new owner to turn the key. Caribbean style menu includes fresh seafood, steaks, sandwiches, salads, appetizers and raw bar. 4COP SRX. $250,000 in FF&E and another $200,000 in a 5,000 sq/ft build-out. All new. Great exposure on busiest North-South highway in Southwest Florida. Near affluent communities. Staff recruited from successful area corporate chains. Builder/owner has equity opportunity that will take him out of Southwest Florida and does not want to be an absentee owner. Step right into a great opportunity. Seller finance w/ 2 yr balloon. Financials are 2015 projection based on sellers best estimates; restaurant to open Dec 2014. Asking price: $500,000.


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