Hot Listing

OMG!! $50k Price Drop!! Seller Wants It Sold By April 30th

Asking Price$199,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$480,000

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

listing imageSave
Hot Listing

OMG!! $50k Price Drop!! Seller Wants It Sold By April 30th


Asking Price$199,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$480,000

Inventory$10,000
Not included in asking price
FF&ENot Disclosed


Seller Financing Available
Business Description
SELLER PRICE DROP $249K to $199K--Seller Finance $99K w/ $100K Down!!
A Restaurant with a EUROPEAN flair.
The menu consists of Italian, French, and Mediterranean cuisines.
---POSSIBLE E2 VISA QUALIFIER--
-ASKING PRICE $199K--SELLER FINANCE w/ ONLY $100K Down-
Seller will Finance $99K for Qualified Buyer
--DRASTIC PRICE REDUCTION-- OWNER MOVING WANTS OUT!!
Two words describe this fabulous Restaurant: "Elegant and Sophisticated" The Seller spent over $600,000 in the Summer of 2024 $AVING NO EXPEN$E when the RESTAURANT was BUILT from SCRATCH and OPENED for BUSINESS. The RESTAURANT is located in a very PRIME "East Coast of Florida" downtown **LOCATION close to the BEACHES and the WAFTERFRONT.[For **Confidentiality reasons, the precise location** is "masked" until BUYERS sign a NDA & provide PROOF of FUNDS.] While the Restaurant is an Open & Operating "Dinner" Only restaurant, the SELLER wishes to SELL ASAP--NO FINANCIAL BOOKS & RECORDS WILL BE PROVIDED. However, the Restaurant has done as much as $50,000 in Sales in one week during the peak season and varies from $10K to $15K a week(in LESS than 1 year). The restaurant is +/-3000sqft and has a 10year LEASE with current rent in the $4000 a month range +CAM. The Seller's FINANCIAL LO$$ is YOUR GAIN!!!

***Copy link below in a separate browser to complete NDA***

https://signnow.com/s/obBsjCK5
About the Business
Years in Operation
2
Employees
8
Facilities & Assets
Restaurant was TOTALLY renovated in 2024 with more that $600,000 invested
Market Outlook / Competition
Normal restaurant competition. However, this is a high end dinner Restaurant. Lifestyle choice--could open for lunch.
Opportunities for Growth
Open for Lunch, expand catering and outbound pickup and deliveries.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,000
Rent
$4,000.00 per month
About the Sale
Seller Motivation
MOVING--URGENT FAMILY SITUATION-- MUST SELL by APRIL 30th
Transition Support
The Seller will help the Buyer with training and transition for UP to 30days.
Financing Options
With $100K down--the Seller will Finance $69K
Listing Info
ID
2371572
Listing Views
6138

Contact Seller

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Business Listed by: Dr.Denis Burke,MBA,DBA Business Broker World

Listing ID: 2371572 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. See our full Terms of Use. Learn how to avoid scams.


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