NW Florida

COMPANY OVERVIEW

This restaurant is conveniently located near the regions largest mall and high traffic retail shopping. It has an exceptional reputation and offers…

* consistent sales & proven cash flow
* trained staff, chef has been w/ business since inception
* long-term lease
* excellent books & financial records
* casual upscale w/ repeat clientele
* pre-approved by national SBA lender

Location, reputation & success are what this business is all about. This is a great opportunity to own a turnkey business in a prime demographic area with cash flow from day-one.

GENERAL INFORMATION

Year Established:
1999
Facilities:

The restaurant occupies approx.2,500 sq ft., seats 110+. It is located near the regions largest mall. Fully equipped kitchen. Serves beer & wine.

MARKET OUTLOOK

Competition:

Like all restaurants it has competition as it is located in the prime shopping & restaurant area.

Growth Expansion:

Business is open for lunch, dinner & Sunday brunch. Has separate dining area that could be utilized for special events. New owner can easily expand into catering service.

ABOUT THE SALE

Financing:

Project has been pre-approved by national SBA lender.

Training:

The seller will provide sufficient training to ensure a smooth transition at no charge.

Reason for Selling:

Seller is moving out of the area.

FINANCIAL SUMMARY

Asking Prince:
$289,000
Revenue:
$987,000
Cash Flow:
$163,175
Real Estate:
Lease (long-term)
FF and E:
$25,000 (included)
Inventory:
$9,750 (included)