MergerPlace

Great St. Augustine Restaurant

Florida (St. Johns)


  • Asking Price: $179,000
  • Gross Income: $679,999
  • Cash Flow: $92,514
  • Real Estate: Not Disclosed
  • Inventory: $7,000
  • FF&E: $40,000
  • Listing ID: #202450
  • Established: 2016
  • Employees: 15

Business Description

Top 10 Ranked on both TripAdvisor and Yelp. Tremendous kitchen talent and house manager. Fully staffed with low turnover. Extremely loyal customer base. Beer and Wine. Recipes documented and easy to learn. Owner will share all buying habits and marketing efforts that produce business. Turnkey operation with limited business experience necessary. Owners do not cook. Great location for tourists and local residents.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
County: St. Johns

Company Information

Year Established: 2016
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 15

Financial Information

Asking Price: $179,000
Gross Revenue: $679,999
Cash Flow: $92,514
FF&E: $40,000
Inventory: $7,000
Seller Financing Available: Yes

Property Information

Facilities:

Ample Parking. In a nice, well maintained strip center.

Growth & expansion opportunities:

Owners have proven this concept can be expanded and perhaps franchised.

Competition:

Competitive market, but this one stands out with loyal local customers and great reviews on TripAdvisor and Yelp. Close to tourism centers.

Reason for selling:

Relocation

Support & Training:

Will train for two weeks and supply all recipes and contacts with suppliers.

Contact Business Seller

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Business Listed By:

Jon Hunt

Florida Business Exchange, Inc.