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Business for Sale Summary

Established Restaurant in Prime Shopping Center - 34874

Business Type: misc. retail/non-classifiable,must sell/drastic price reduction!,other eating & drinking places,other food stores,seller financing available,restaurant/ cafes/ diners
Established Restaurant in Prime Shopping Center
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This business has received 17 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $275,000 Down Payment $199,000
Gross Revenues $451,212 Lease Remaining Register Free to View
Owner’s Cash Flow $103,714 Number of FT Employees Register Free to View

Financing

$199,000 Down and $76K over 4 yrs. @ 6.5% with a personal guarantee.

Business Description

Established Restaurant in Prime Shopping Center with a Major Anchor Tenant. You must see it to appreciate it. You will not be disappointed. They have fantastic reviews and over 16,000 Facebook followers alone. This is the type of place you wish you had in your neighborhood. Friendly staff, high quality food, casual environment. This is an award-winning business in a highly sought-after location. They are only open 5 days per week for lunch and dinner. A new owner can extended this to a full 7 days. In the past year the business grossed approx. $451,212 with an owner-operator cash flow of approx. $103,714. The gross sales have seen strong upward growth throughout 2022. The space is 2,800 sq. ft. with ample parking. The current rent is $3,191.13/mth (incl. CAM). A qualified buyer can obtain a new long-term lease. We are seeking a serious and financially qualified buyer with at least $199K in liquid funds to cover the down payment, but additional funds should be available for working capital, rent security, deposits, etc. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.