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Business For Sale

Prominent 165 Seat Restaurant

Melbourne, FL

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$49,000
$400,000
$85,000
$85,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$40,000
Not Disclosed
2010
8
5765766
Owner Financing is Available!
Seller will consider with a strong down payment.

Business Overview:

DRASTIC FEBRUARY REDUCTION - OWNER MUST RELOCATE !!! We think you'll really like this extremely well-located and nicely appointed Melbourne restaurant. One of Melbourne's most popular eateries,it has all the atmosphere and other attributes that make for a successful operation. With great food, 165 seats, a huge kitchen, very comfortable appointments, a banquet room and a full liquor bar, there's something for everyone. The current venue is fine Italian cuisine at affordable prices and very popular pizza to eat in or take out. Within a mile there are many high end homes and shopping, as well as several townhouse clusters, which are within walking distance. The facility has excellent visibility on one of Melbourne's most traveled roads. It is extremely well priced because the owner must relocate out of the area. No matter what food venue you would prefer to have, this facility is a great value and is sure to serve you well.

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:

Very visible location on a busy intersection. 3,600 square feet with a large kitchen and hood systems totaling 30 feet. Seating for 165 including a 55 seat banquet/party room with frequent bookings. Nice decor. Favorable 4 year lease in place with option for 5 more. Growth/Expansion: There is easy rear access plenty of space for catering activities.

Market Competition and Expansion:

One of the dominant eateries in its marketplace. Strong name recognition and a website with menu and ordering by phone. Easy rear access and plenty of space for catering activities.

Reason for Selling:

Must relocate to run out-of-state family business.

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.