$695,000

Full Service Restaurant & Bar

Florida/New Smyrna Beach
for sale
Financials
  • Price: $695,000
  • Gross Income: $2,100,000
  • Cash Flow: $0
  • FFE: $0
  • Inventory: $0
  • Real Estate Value: $0
  • Source Data:
About the Business
  • Listing ID: #531364
  • Year Established: 2002
  • Financing: Owner financing with $350,000. down to a qualified buyer
  • Training: Owner will provied as needed and agreed upon
  • Facilities: Full service 150 + seat restaurant and bar. Oyser bar area with steemer. 4,400 +/- sq. ft unit, full kitchen, walkin freezer & cooler. Outside dinning deck in the planning and approval stages. Located in a shopping center an inline unit on major US. Hwy 1 location.
  • Competition:Several other restaurants in the area have given the people an opportunity to see what is being offered. There has been no major effect to the business over the past decade.
  • Growth: Currently adding and outside dinning deck for even more income over time.
  • Employees:

Property Descriptions

Family owned and operated for the past 10 years in this location. Leased unit is 4,400 +/- Sq. Ft ant an affordable rent under a long term lease. Owner has done a lot of upgrades recently and is in the process of adding an outside deck. They have a 4COPSRX beverage license giving the ability for a full bar beverage service. he financials are very strong and should give a buyer a nices return on this investment. Sales have are running over $2,000,000. Confidential agreement must be signed and completed in order to receive any financial information.

The information in this listing has been provided by the business seller or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information.

Business Listed By

Herbert Lubansky 2174-C So. Ridgewood Ave, Florida, South Daytona
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