MergerPlace

Drastically Reduced "Iconic Brand" Rest.

Panama City, Florida (Bay)


  • Asking Price: $500,000
  • Gross Income: $1,700,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #198663
  • Established: 2016
  • Employees: 10 F/T 24 P/T

Business Description

This well-established Panama City restaurant is part of an “iconic brand”, and the pioneers of casual dining. This high-energy neighborhood restaurant and tavern is redefining casual dining and driving nearly a 20% profit margin. With chef-driven food, innovative drinks and warm, friendly hospitality, this legendary brand delivers memorable dining experiences to every guest. This brand category leader is celebrating their 41st anniversary in 2017.
Other Distinguishing Characteristics Include:
High Volume Full Service Restaurant
Experienced G.M. and Management Team in Place
New Store / New Equipment All Included
“A” Plus Location
Profitable and Turn-Key Business
Full Liquor License
Passively Owned Business
Full Training and Ongoing Corporate Support Included
Contact Jemi for detailed information at 239-208-4319


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
Metropolitan Area: Panama City
County: Bay

Company Information

Year Established: 2016
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 10 F/T 24 P/T

Financial Information

Asking Price: $500,000
Gross Revenue: $1,700,000
Seller Financing Available: No

Property Information

Facilities:

Contact for detailed information

Growth & expansion opportunities:

High demand allows for continual growth

Competition:

Very popular name.

Reason for selling:

Contact for this information

Support & Training:

Comprehensive training and support included

Contact Business Seller

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Business Listed By:

Jemi A.

DM Brokerage