MergerPlace

Big Beach Diner with Great Visibility

Florida (Duval)


  • Asking Price: $450,000
  • Gross Income: $780,000
  • Cash Flow: $134,400
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $850,000
  • Listing ID: #215597
  • Established: 2002
  • Employees: 4

Business Description

BIG, BOLD, NEW LIGHTS, NEW SIGNAGE UPGRADES, RIGHT ON A1A; MUST HAVE RESTAURANT EXPERIENCE TO MAKE THIS HAPPEN. Great Diner Restaurant with full SRX Liquor License, FREESTANDING BUILDING, and it's own parking lot. FIFTEEN YEAR lease with first year being only $4,400.00 per month, second year is $7,700.00 per month. 24 foot hood, huge kitchen with enough equipment to feed an army. Currently owner is the only cook, and he has pared down the business due to health and employee issues. Over 1 Million in build out, and amazing exposure. Owner states he is doing 60K per month with just himself and 3 other staff. Many times he closes early due to health concerns and lack of employees. This opportunity needs a serious Restaurant person at the helm. Please refer to listing number 7101-264218 and advisor Julie Brigman when inquiring on this listing.


Business Details

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

Company Information

Year Established: 2002
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4

Financial Information

Asking Price: $450,000
Gross Revenue: $780,000
Cash Flow: $134,400
FF&E: $850,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 4400 Square Footage: 4,500 Building Type: FREESTANDING Terms & Options: 15 years re-newal Expiration Date: 6/22/2020

Reason for selling:

Health

Support & Training:

Seller will train for 2 weeks at no cost.

Contact Business Seller

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Business Listed By:

Julie Brigman

Transworld Business Brokers