MergerPlace

Restaurant

Florida


  • Asking Price: $125,000
  • Gross Income: $213,340
  • Cash Flow: $62,068
  • Real Estate: Not Disclosed
  • Inventory: $2,000
  • FF&E: $20,000
  • Listing ID: #218137
  • Established: 2015
  • Employees: 1FT/6PT

Business Description

Well Established & Family owned restaurant on a Main Street in an old, charming town near Orlando. Some call it the festival town of central Florida because of those many events throughout the year. Amazing growth potential. The restaurant is only open during lunchtime. Hours as well as profit can be easily extended. The specialty of the restaurant is a signature food well known all over the county. There is also a beer and wine license that with the counties new law, the customers can walk the streets with their drinks.The owner works only a couple hours a day. Also the financials are based on an 11 month year as the restaurant is closed for an entire month.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida

Company Information

Year Established: 2015
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1FT/6PT

Financial Information

Asking Price: $125,000
Gross Revenue: $213,340
Cash Flow: $62,068
FF&E: $20,000
Inventory: $2,000
Seller Financing Available: No

Property Information

Facilities:

Stand alone with outdoor patio in extremely busy shopping area in one of Florida's quaintest cities.

Growth & expansion opportunities:

Because owner has other interests to attend to, the restaurant is only open during lunchtime hours 4/5 hours per day. However area is busy day and night and has amazing potential for growth based on that alone. Also the financials are based on an 11 month year as the restaurant is closed for an entire month. City known for fairs during the year which continue to grow bringing thousands to the area.

Competition:

Located in one of Florida's fastest growing cities. This restaurant is dead center in a bustling downtown shopping district. Many successful restaurants and bars nearby. However this is a niche concept. City allows for people to walk the streets with their alcoholic beverages which is also a major draw. Restaurant features frozen liquor drinks. The restaurant is only open during lunchtime hours 4/5 hours per day. However area is busy day and night and has amazing potential for growth based on that alone. Also the financials are based on an 11 month year as the restaurant is closed for an entire month. City known for fairs during the year which continue to grow bringing thousands to the area.

Reason for selling:

Owner to spend more time with family.

Support & Training:

Will train 1 week @ no cost. Already has city and state licenses. New buyer must have Food Handler's License.

Contact Business Seller

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Business Listed By:

Steve Birger

Murphy Business Brokers