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Business For Sale
ESTABLISHED SEAFOOD RESTAURANT #8101
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Asking Price: |
$100,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Family Situation-Moving |
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# of Employees:
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7 |
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Yearly Revenues:
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$360,000 |
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Yearly Cash Flow:
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$100,000 |
Business for Sale Overview:
Family style restaurant on a busy major avenue. It serves seafood and simple American food. The last 6 months sales average $ 1,000 a day. According to owners, numbers easy to verify. Total expenses adjusted to reflect one owner working 50 hours a week. Beer and wine license. Beautiful decorations and equipment in top condition. Husband and wife are relocating due to family situation. Great opportunity in Sunny Florida!
Property Features and Assets:
Included in the sale of the business are the following assets: furniture and equipment valued at $100,000 and leasehold improvements valued at $20,000. Lease Information: Monthly Rent: $2,865, Lease Expires 5/17/2009, Sq Ft: 2100, Terms & Options: Two 1 year, Building Type: Free Standing.
The seller will finance $50,000 for 60 months at 8%.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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