Profitable Breakfast and Lunch Restaurant at a Great Price for Sale

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Asking Price:
$79,000

Gross Revenue:
$285,000
Cash Flow:
$120,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$50,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Existing and profitable breakfast and lunch restaurant in business for over 38 years. Good location with loyal customers. New A/C and grease traps in addition to an additional $30,000 in improvements. This is a turnkey business ideal for an owner who wants an established business with a proven history. This seller is motivated to sell and at this price looking for a cash buyer.
Their long history is proof positive they have a loyal customer base and steady income. They were a cash only restaurant until 2018 and now except debit and credit cards. They also do Uber eats and that has added about $500.00 per week in new revenue It looks like taking that step will increase revenue by 20% + in 2018. Restaurant was just updated with new floor, ceiling, and counter tops.
This business has no debt and all equipment is paid for. Seller is motivated to sell. Contact broker for history and detail.

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Listing Info

ID:
1587917
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Business Listed by

Al Misale

North American Alliance of Business Brokers

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Sponsoring Broker:

Scott Radin
North American Alliance of Business Brokers

U.S. Census Data for Pinellas County, FL
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Pinellas County, FL
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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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