Rare #1 Beach in USA Craft Beer & Fast Casual

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#1 Beach in USA Fast Casual Craft Beer & Tacos!
Asking Price:
$109,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$2,500
included in asking price

FF&E:
$60,000
included in asking price

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Business Description

Looking for the good life. This is a unique opportunity to be in the heart of the strip voted the #1 Beach in the USA for several years and made even a bigger hit with its recent MTV show. Outstanding location with both indoor and outdoor seating. Perfect for first time restaurant owner or experienced one wanting a presence on the beach. Theses rarely become available but when they do the sell immediately. Cash flow is based on owner operator.

Important: All buyer must either complete the attached NDA or request an electronic one be sent. No information including location will be released without. Buyer;s with strong financials move to the front of the line for landlord approval. Business is Not SBA qualified.

About the Business

Year Established:
2015
Number of Employees:
7
Real Estate:
Leased
Building Sq. Ft.:
900
Lease Rate/Sq. Ft./Mo.:
$2,635.41
Lease Expiration:
7/7/2022
Facilities:
Turn-Key operation complete with New Freezers,12 Beer Taps, New Tables, Prep Cooler,
New Grill and Flat Top. Ample parking for eat in, pick-up customers.
Market Outlook/
Competition:
This is an exclusive area and you already have a unique menu and excellent chefs its all about consistency, service and quality of the food. Outstanding reviews on Trip Advisor.
Growth & Expansion:
To add to the bottom line if owner is a chef or husband and wife team they could cut down on payroll. Opportunity for delivery, catering can be increased with heavy marketing and online presence.
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About the Sale

Reason For Selling:
Seller will discuss in Person
Training/Support:
Seller will stay on 1-2 weeks. There is a full time Chef as well as a sous Chef.
Seller Financing:
Yes with 99K down seller may finance remainder at 6% over 36 months

Listing Info

ID:
1461493
Ad Detail Views:
1306

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Business Listed by

Pete Harrison

Legacy Venture Group USA, Inc.

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