Turnkey Coastal Restaurant | Fully Equipped & Ready for New Concept
Business Description
HS Listing ID-68321
Growth: Expanded from food truck to five locations, including an upscale area , which aims for year-round service.
-Leadership Structure: Owned by three partners, with centralized financial control and decentralized management for operational efficiency.
Location Issues: Opened in 2023, now facing over 20% sales drop, attributed to management changes and economic factors.
-Financial Insights: Limited marketing budget of $22,000; insurance cost is approximately $4,800, showing underperformance.
-Sale Strategy: this location valued between $325,000; seller financing options available with flexible terms.
-Monthly Average: 38K
-Weekly Average: 9K
-Seller Finance available w/ 50% down but open to all offers.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Growth: Expanded from food truck to five locations, including an upscale area , which aims for year-round service.
-Leadership Structure: Owned by three partners, with centralized financial control and decentralized management for operational efficiency.
Location Issues: Opened in 2023, now facing over 20% sales drop, attributed to management changes and economic factors.
-Financial Insights: Limited marketing budget of $22,000; insurance cost is approximately $4,800, showing underperformance.
-Sale Strategy: this location valued between $325,000; seller financing options available with flexible terms.
-Monthly Average: 38K
-Weekly Average: 9K
-Seller Finance available w/ 50% down but open to all offers.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Other business interests.
- Financing Options
- With 50% down.
Listing Info
- ID
- 2440583
- Listing Views
Listing ID: 2440583 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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