MergerPlace

Established Lunch Cafe in Busy Downtown

Florida (Duval)


  • Asking Price: $165,000
  • Gross Income: $163,539
  • Cash Flow: $40,030
  • Real Estate: Not Disclosed
  • Inventory: $2,000
  • FF&E: $49,450
  • Listing ID: #211006
  • Established: 1993
  • Employees: 3

Business Description

Well-established, fully equipped cafe' in busy downtown Jacksonville that has been in operation for 25 years, 15 of which are with the current owner, serving American/French food. The business has great potential for growth by extending hours of operation to include serving breakfast and weekend brunch. The property has a basement, which is used for the walk-in coolers and storage, ground floor for the restaurant and a second floor that can be developed as living quarters for the business owners. Please refer to listing number 7101-703099 and advisor Bassam Batshone when inquiring on this listing.


Business Details

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

Company Information

Year Established: 1993
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3

Financial Information

Asking Price: $165,000
Gross Revenue: $163,539
Cash Flow: $40,030
FF&E: $49,450
Inventory: $2,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 4300 Square Footage: 3600 Building Type: Stand alone Terms & Options: Expiration Date: 12/31/2018

Reason for selling:

Retirement/ Health

Support & Training:

Seller will train for 2 weeks at no cost.

Contact Business Seller

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Business Listed By:

Bassam Batshone

Transworld Business Brokers