MergerPlace

Beautiful Ethnic Restaurant

Florida


  • Asking Price: $120,000
  • Gross Income: $52,000
  • Cash Flow: $20,000
  • Real Estate: Not Disclosed
  • Inventory: $1,000
  • FF&E: $10,000
  • Listing ID: #202827
  • Established: 2016
  • Employees: 3

Business Description

Location! Location! Location! This restaurant is in one of the busiest strip centers in a high-density area with lots of businesses and working people. Well known plaza, with low rent makes this the perfect place for a restaurant. New owner could change the concept to serve the community in the surrounding area. Open 7 days a week from 11AM to 10PM. Just add breakfast & afternoon snacks and increase revenues. Restaurant has a fully equipped kitchen with plenty of culinary tools and a large hood. Also included is a walk-in cooler, 3 freezers, 2 small refrigerators, ice machine, stove and fryers (natural gas). Please refer to listing number 0101-87638 and advisor Marcelo Jo when inquiring.


Business Details

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

Company Information

Year Established: 2016
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3

Financial Information

Asking Price: $120,000
Gross Revenue: $52,000
Cash Flow: $20,000
FF&E: $10,000
Inventory: $1,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 3500 Square Footage: 3500 Building Type: Strip Center Terms & Options: 5y, 5y Expiration Date: 3/31/2022

Growth & expansion opportunities:

Great potential to grow. Seating capacity is 86 seats, but only using 40 at the moment. This restaurant is located in one of the busiest strip centers of the city. Location! Location! Location!

Competition:

In a densely populated area with many businesses, the demand for good quality food is high. This plaza is very busy during weekends also. The mix of the business neighbors makes this a great opportunity for a restaurant entrepreneur who wants to make serious money.

Reason for selling:

Other interests

Support & Training:

Seller will train for two weeks at no additional cost

Contact Business Seller

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Business Listed By:

Marcelo Jo

Transworld Business Brokers