Popular Restaurant in Beach-side Community

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Asking Price:
$179,000

Gross Revenue:
$1,015,023
Cash Flow:
$186,515
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$15,000
included in asking price

FF&E:
$20,000
included in asking price

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Business Description

1200 SF, 40 seat restaurant with annual revenues exceeding $1 million. Due to size of restaurant, expenses are incredibly low. This gem is at 3% rent to revenues( National Avg. is 7%-9%) and utilities are way below averages for this sales volume. Which means one thing, "more money to the bottom line." Full staff in place!! No need to be a chef, we have a qualified executive chef and many others. As turnkey as it gets. Way below market value on these types of revenues. Please refer to listing #7101193026 and ask for Richard Murray when inquiring. Thank You!

About the Business

Year Established:
2015
Number of Employees:
8FT/7PT/1MGR
Real Estate:
Leased
Building Sq. Ft.:
1,200
Lease Amount/Mo.:
$3,291.00
Lease Expiration:
9/30/2021
Facilities:
Lease/Month: 3291
Square Footage: 1200
Building Type: Freestanding
Terms & Options: 2 five year options
Expiration Date: 9/30/2021
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About the Sale

Reason For Selling:
Owner Relocating
Training/Support:
Two weeks of training at no cost

Listing Info

ID:
1507865
Ad Detail Views:
804

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Business Listed by

Richard Murray

Transworld Business Brokers
License# BK3340941

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View My 22 Active Listings
Sponsoring Broker:

Andrew Cagnetta
Transworld Business Brokers
License# CQ1026221

U.S. Census Data for Brevard County, FL
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Brevard County, FL
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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