MergerPlace

Restaurant With Prime Real Estate

St Augustine, Florida (St. Johns)


  • Asking Price: $2,200,000
  • Gross Income: $2,404,860
  • Cash Flow: $480,396
  • Real Estate: $1,100,000
  • Inventory: $15,000
  • FF&E: $150,000
  • Listing ID: #201690
  • Established: 2009
  • Employees: 20ft/20pt/2mgrs

Business Description

LENDER PRE-QUALIFIED Proven track record of success. Well run St. Augustine restaurant including prime real estate on main artery. Fully remodeled 3 years ago. Mgmt staff in place, no adjustment made to replace manager. Offering classic American cuisine, there is something for everyone! Great family establishment, open 6 days. P & L statements and Tax Returns are CPA prepared. Seller looking to retire and has begun slowing down. Call today for Confidentiality agreement. PFS required. 2017 annualized off Jan through June. Please refer to Listing 7101-84763.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
Metropolitan Area: St Augustine
County: St. Johns

Company Information

Year Established: 2009
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 20ft/20pt/2mgrs

Financial Information

Asking Price: $2,200,000
Gross Revenue: $2,404,860
Cash Flow: $480,396
FF&E: $150,000
Inventory: $15,000
Real Estate: $1,100,000
Seller Financing Available: No

Property Information

Facilities:

2244sf/Free Standing Building

Reason for selling:

Retirement

Support & Training:

Seller will provide 4 weeks training

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Bianca Evans

Transworld Business Brokers