MergerPlace

Restaurant with bar Owner Financing!

Tallahassee area, Florida (Leon)


  • Asking Price: $79,000
  • Gross Income: $546,415
  • Cash Flow: $100,630
  • Real Estate: Not Disclosed
  • Inventory: $4,000
  • FF&E: $10,000
  • Listing ID: #208923
  • Established: 2016
  • Employees: 5 FT 13 PT

Business Description

Price Reduced and motivated to Sell. Restaurant well known for its specialty dishes. This high traffic location has plenty of space including bar and large gaming area with pool tables and video games. Sellers move to current location has increased sales dramatically on pace to over $700K verse $200K (2017). Open lunch and dinner. If you ever wanted to own a restaurant don't pass this great deal up!


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
Metropolitan Area: Tallahassee area
County: Leon

Company Information

Year Established: 2016
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 5 FT 13 PT

Financial Information

Asking Price: $79,000
Gross Revenue: $546,415
Cash Flow: $100,630
FF&E: $10,000
Inventory: $4,000
Seller Financing Available: Yes

Property Information

Facilities:

4100 sqft. leased location in strip center.

Growth & expansion opportunities:

Restaurant relocated to current location end 2018. New high traffic location has exploded sales on track to over $700K (2018) verse $200K (2017). New owner could increase game area and large party seating along with staying open later on Sundays.

Competition:

Restaurant located in an area with limited number restaurants.

Reason for selling:

Seller retired. Daughter runs restaurant going back to school.

Support & Training:

Seller to provide 2 weeks training at no cost. Seller open to staying on 2 days a week with agreed upon compensation.

Contact Business Seller

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Business Listed By:

Roberta Caputo

Capital Business Solutions