MergerPlace

Breakfast Lunch Cafe

Florida (Flagler)


  • Asking Price: $385,000
  • Gross Income: $226,036
  • Cash Flow: $120,679
  • Real Estate: $285,000
  • Inventory: $1,500
  • FF&E: $15,000
  • Listing ID: #221389
  • Established: 1995
  • Employees: 5

Business Description

24 year history down home cooking 64 seat breakfast-lunch café. Open 5 days a week. A lot of local trade comes in everyday. They even have their own favorite seats. 1900 SF building included in the sale of the business. Plenty of parking with extra parking in the adjoined strip center. Family owned and operated but Seller will train for 30 days and hold the financing with half down for 10 years at 4%. What a deal!!!


Business Details

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

Company Information

Year Established: 1995
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5

Financial Information

Asking Price: $385,000
Gross Revenue: $226,036
Cash Flow: $120,679
FF&E: $15,000
Inventory: $1,500
Real Estate: $285,000
Seller Financing Available: Yes

Property Information

Facilities:

CB Free standing 1900 SF building with fairly new roof and a/c. Even the kitchen is air conditioned. Updated chemical hood system. Plenty of parking surrounding the building on a main highway adjoined by a strip center.

Growth & expansion opportunities:

Many opportunities to expand by opening Sundays and Mondays for breakfast and lunch. Plus there is the possibility of opening dinner and serving beer and wine. Catering could also be an option to make additional capital.

Competition:

Long term history, good food at reasonable prices. Consistant local customers.

Reason for selling:

Retirement

Support & Training:

Seller will train for 30 days with no compensation.

Contact Business Seller

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Business Listed By:

Phyllis Moor

Florida Business Exchange, Inc.