MergerPlace

Restaurant & Bar

Florida (Citrus)


  • Asking Price: $149,900
  • Gross Income: $621,734
  • Cash Flow: $106,856
  • Real Estate: Not Disclosed
  • Inventory: $2,500
  • FF&E: $85,000
  • Listing ID: #206318
  • Established: 2016
  • Employees: 1 FT/ 7 PT

Business Description

Established award-winning restaurant/bar located on a unique parcel of land offering a scenic waterfront view of the property and access to the gulf for small boats/kayaks. A favorite scenic location for weddings and events. Newer building, equipment, profitable turnkey operation. Features full liquor with seating for 60 inside and capacity for 150. Located on major roadway with ample parking this is a must see! Real Estate is available for purchase also; seller is forced to sell due to health issues.


Business Details

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

Company Information

Year Established: 2016
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT/ 7 PT

Financial Information

Asking Price: $149,900
Gross Revenue: $621,734
Cash Flow: $106,856
FF&E: $85,000
Inventory: $2,500
Seller Financing Available: Yes

Property Information

Facilities:

Extremely unique free standing restaurant located on scenic property with waterway access in the back on a main thoroughfare. Real Estate is 7.25 acres and is available for purchase for $ 699,900.00. Business is equipped for large outdoor venues including seating and tables for another 90 people. Property has access to the waterway in back.

Growth & expansion opportunities:

Growth potential is huge, business is still in its infancy and growing exponentially, open only 28 hours a week there is the ability to offer more hours and breakfast also. Wedding and large venues are increasing every year.

Competition:

Little to no competition for the fare they provide, healthy organic farm to table foods.

Reason for selling:

Health issues.

Support & Training:

Will train for 1 week @ no cost Restaurant management & food handling license.

Contact Business Seller

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Business Listed By:

Darlene Pane

Murphy Business Brokers