Restaurant Gross $793k Net $140k+ buy with $70k down (ID: 1159760)

Asking Price: $299,000
Gross Revenue: $793,813
Cash Flow: $146,085
Inventory: $3,000 ++
Real Estate: n/a **
FF&E: $60,000 ++
Business Listed by Vincenzo LoCricchioEnterprise Brokers Inc.License: CQ1021735View All of My Listings
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Business Description

Specialty Restaurant grossing $65k+ per mo. 2013 Total sales $793K. Net $140k+ Clean Books & Records. Bank Financing in place for qualified buyer. 65 seats, Beer and Wine Lic great kitchen, easy to run great family business. In one of the most desirable areas and sought after areas of Tampa. Big upside for family to run business.
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About the Business

Year Established: 2009
Number of Employees: 5 FT 7 PT

Facilities: 2450 Sq Ft is busy anchored Plaza near Busy Major Mall. 65 seat Beer and Wine License Mall Parking.

Market Outlook/Competition: 2011 Sales $675k 2012 Sales $722k 2013 Sales 793k. Business continues to grow every year. Fast growing area. Many new home developments nearby will grow the customer base.

About the Sale

Reason For Selling: Other Ventures

Training/Support: Seller will stay on for 2 week for no cost, longer negotiable.

Cash Flow Comments: EBITDA: $146,985

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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness.Please review our full Terms & Conditions here.