"REDUCED" Established Southern Style Restaurant for over 15 years

Asking Price$649,000

Cash Flow
$250,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,200,000

Inventory$25,000
Not included in asking price
FF&E$300,000
Included in asking price
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"REDUCED" Established Southern Style Restaurant for over 15 years


Asking Price$649,000

Cash Flow
$250,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,200,000

Inventory$25,000
Not included in asking price
FF&E$300,000
Included in asking price

Seller Financing Available
Business Description
Very attractive restaurant specializing in Southern fare, Turn-key restaurant staff in place, long term lease, outside seating with bar, live entertainment, great location, Key West look, many awards, very profitable, must sign an NDA for this confidential listing.
About the Business
Years in Operation
15
Employees
12
Facilities & Assets
All assets in good condition, outside bar, two main dining rooms, great location, well established
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,500
Rent
Not Disclosed
Lease Expiration
1/1/2029
About the Sale
Seller Motivation
absentee owner
Transition Support
yes, if needed
Financing Options
possible with large down payment
Listing Info
ID
2322063
Listing Views
1433

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Business Listed by: Ned E. Gilleland Gilleland Properties

Listing ID: 2322063 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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