Turn Key Restaurant and Full Bar in Jacksonville Florida

Contact Seller
Beautiful custom built furniture and bar on busy road
Asking Price:
$90,000

Gross Revenue:
$475,000
Cash Flow:
$30,000
EBITDA:
$40,000
Inventory:
$20,000
included in asking price

FF&E:
$90,000
included in asking price

Share this business:

Business Description

We have been operating as Greek Street Kitchen and Bar in this location for the past 18 months and were granted the ONLY full liquor bar exception in our zone. We are .6 miles from I95 and .5 miles from major medical facilities including Memorial Hospital and Brooks Rehabilitation. We have won #1 in the 904 for the past 2 years and maintain 4.5 to 4.9 Stars on all Google Maps, Yelp, Trip Advisor and Facebook. We have a favorable lease with a purchase option in our 4000 sq foot free standing building(seats 218) with our own parking lot. University Blvd has 39K+ cars a day of traffic.
We have been running positive numbers but, in retrospect, have realized that ethnic Greek is not the correct direction to make proper use of the full liquor bar. Consequently, we have begun a re-branding campaign as Streetside Bar and Grill in the past week. We are confident this will have a far broader appeal for American food and Happy Hours moving forward.
This would also be an extraordinary opportunity for new owners to purchase a turn-key restaurant and bar at a fraction of a build-out cost and come in with fresh ideas and take advantage of the beautiful facility and full bar. Contact us to make an offer.

About the Business

Year Established:
2015
Number of Employees:
12
Real Estate:
Leased
Building Sq. Ft.:
3,986
Rent:
$15.50 Per Month
Lease Expiration:
10/31/2022
Facilities:
Full liquor bar (Only 4COP exception in zone)
Fully custom built bar, tables, chairs and fixtures made of container metal, piping, wrought iron and wood.
Items less than 2 years old include: New roof, Three 5 ton AC units, Rebuilt 10' x 10' Walk-In cooler, 8' x 5' LED cabinet street sign, Scotsman ice machine, hood motors.
Also includes CAKE Point-Of-Sale Station and 2 remote apple tablets, 6 pull beer cooler, 2 deli coolers, char grill, 2 deep fryers, (all kitchen equipment), freezers, stainless steel tables, etc and all current bar and food inventor
Website:
greekstreetjax.com
Market Outlook/
Competition:
Properly marketed as an American-style bar and grill there are no similar restaurants in the area and no other full liquor bars in the neighborhood.
Growth & Expansion:
Very strong growth potential changing from ethnic to American style bar and grill.
Contact the Seller

About the Sale

Reason For Selling:
Other family business opportunities and history is with Greek-style restaurants.
Training/Support:
As needed.

Listing Info

ID:
1419800
Ad Detail Views:
19

Attached Files Attachment Disclaimer

  4332 University Blvd Stats (667 KB)
Download

  Furniture, Fixtures and Equipmen... (82 KB)
Download



Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by
Peter Vorrias

 Show Phone Number

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

Gender

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 Duval 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.


Similar Listings


Report an Issue 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 & Conditions.
;