MergerPlace

Popular Oceanside Restaurant

Florida (Duval)


  • Asking Price: $565,000
  • Gross Income: $1,594,621
  • Cash Flow: $203,357
  • Real Estate: Not Disclosed
  • Inventory: $13,000
  • FF&E: $155,830
  • Listing ID: #203610
  • Established: 2000
  • Employees: 6ft/17pt/2mgrs

Business Description

Popular upscale casual restaurant steps from the ocean, serving upscale resort style community for 17+yrs. Full bar offering happy hr & specialty cocktails. Convenient location to hotels & strong local following insures business year-round. Strong managerial and kitchen staff in place handling day-to-day operations, seller functions in a GM role. Open only for dinner and closed Sundays, expand sales by adding lunch! Good books, lender pre-qualified. 2017 financials annualized off 1/1 through 10/31. Please refer to Listing 7101-89476 Advisor Bianca Evans.


Business Details

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

Company Information

Year Established: 2000
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 6ft/17pt/2mgrs

Financial Information

Asking Price: $565,000
Gross Revenue: $1,594,621
Cash Flow: $203,357
FF&E: $155,830
Inventory: $13,000
Seller Financing Available: Yes

Property Information

Facilities:

3024sf/Strip Center

Reason for selling:

Other business interests

Support & Training:

Seller will provide 2 weeks training at no charge

Contact Business Seller

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Business Listed By:

Bianca Evans

Transworld Business Brokers