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Business For Sale

Ethnic Restaurant

Sarasota, FL, USA

Food & Beverage: Restaurants, Fast Food, Deli

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$290,000
Not Disclosed
Not Disclosed
$770,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2004
6 Full time /1 Manager
8544630

Business for Sale Overview:

This beautiful ethnic 105 seat restaurant sits on the second floor with balcony overlooking the St. Armands Circle. The thousands of tourists who visit daily may use the elevator to rest and look down onto all the foot traffic. A complete remodeling of the interior was just completed in 2006 and thus the reduced revenue for that time frame. The menu reflects classic American, Lebanese and a touch of Italian flair and taste. Owner will assist in the transition as needed but fully trained staff will stay. Please refer to listing number 7411363 and ask for Clay Bontrager when inquiring.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

1,500 square feet main street building at $4,200 per month with available terms & options expiring on 12/31/2021.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist 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.

Resources:

 

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