MergerPlace

Breakfast/Lunch Restaurant

Florida (Hernando)


  • Asking Price: $325,000
  • Gross Income: $299,058
  • Cash Flow: $63,012
  • Real Estate: $278,400
  • Inventory: $1,000
  • FF&E: $60,152
  • Listing ID: #205639
  • Established: 1969
  • Employees: 2 FT/ 3 PT

Business Description

Well established breakfast/lunch restaurant with huge potential for growth. Seller does very little advertising. Restaurant has been a town staple for 49 years, but nights could increase revenues along with beer and wine. Real Estate is included in sale. Property has been well maintained, new roof just recently along with well-maintained interior. Kitchen has a double Ansul hood, grill etc. Seller is motivated and looking to retire and relocate north but will train for a smooth transition.


Business Details

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

Company Information

Year Established: 1969
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT/ 3 PT

Financial Information

Asking Price: $325,000
Gross Revenue: $299,058
Cash Flow: $63,012
FF&E: $60,152
Inventory: $1,000
Real Estate: $278,400
Seller Financing Available: Yes

Property Information

Facilities:

Freestanding building on a major thoroughfare near the center of town. Seats 87 with plenty of parking available. Real Estate is included at just under half an acre and 3000 sq ft building.

Growth & expansion opportunities:

Huge potential for growth, seller does very little advertising. Restaurant has been a town staple for 45 years, but nights could increase revenues along with beer and wine.

Competition:

Average competition.

Reason for selling:

Retirement/Relocation.

Support & Training:

Will train for 2 weeks @ no cost. Food handling, general business management.

Contact Business Seller

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Business Listed By:

Darlene Pane

Murphy Business Brokers