Fine Dining Restaurant Established More Than A Decade
Location Florida,United States
Asking Price Range $250K - $500K
Gross Revenues $800000
Net Profit / Cash Flow $100000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1996
Number of Employees 10 - 19
Inventory 200000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Owner will assist for 2 weeks or longer if necessary as a paid consultant.
Reason for Sale Retirement.
Description This fine dining restaurant has been in operation for 11 years.It is the oldest award-winning,upscale restaurant in its town. Live Jazz on Friday and Saturaday nights. It has a full bar with an 4COP SRX liqour license. This restaurant has established itself as a classy fine dining restaurant. The restaurant is open for lunch and dinner. The menu is great american cusine serving steaks, chops, seafood, and pasta. There is a chef and floor supervisor. The owner decided to retire after building sales to $800k per year. The restaurant is very well known and has a prominent position in an upscale strip shopping center in SE Florida.The equipment is valued at $200k and the liquour license is valued at $120K. The restaurant is in a 4,902 square foot elegantly decorated space. The kitchen is complete and has a back entrance hallway to serve the private banquet room. The lease is long term and the owner will consider holding a note for a qualified buyer. Email or call Tom Neenan at 561-706-4778 today for more information on this Fine Dining Restaurant for sale.
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