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  • RE:  2 Well-Established Restaurants In Prime Locations
  • Contact:  Tony Blair

Quick Facts

Asking Price: $699,000
Annual Revenue: $1,120,247
Net Profit: Not Disclosed
Cash Flow: $133,465
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: $500,000
Year Established: 2006
Employees: 10
BBN Listing #: 938530
Broker Reference #: 4110-00335

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Business Overview:

Qualified Buyer Could Put As Little As $82,500 Down

This business consists of two successful food locations on the East-Coast of Florida serving hot dogs, subs and cheesesteaks since 2005. One of the locations has a half acre of *real estate available valued at $500,000 with a stand alone building consisting of a 300 square foot open porch area and 1600 square feet inside the restaurant. The other location has low rent with a flexible lease. Both locations have well-maintained equipment (including new A/C units and equipment) and staff with tenure. *Business cannot be sold independent of real estate.

SBA Lender Pre-Qualified - Buyer Down Payment $82,5000 .......... Loan Term ..........20 Years Fully Amortized ..........Rate P+1.75% (9.75% present rate) .......... Monthly Loan Payment .......... $7,042.74 *Small Business Administration Financing is subject to the qualification of individual buyers. This business has not been directly reviewed by the SBA.

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Reason for Selling:

Discuss with the seller.

Additional Details:

  • The property is owned.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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