American Restaurant with brand new Equipment

Merritt Island, FL
Brevard County

Located near the water

Asking Price: Annual Revenue:
$199,000 $748,431

Food & Beverage: Restaurants, Fast Food, Deli

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RE: American Restaurant with brand new Equipment Broker: Suzanne J. Violet

Quick Facts

Asking Price: $199,000
Annual Revenue: $748,431
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $188,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 22
BBN Listing #: 473343424
Broker Reference #: 18012

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Business Overview:

Very nice, completely remodeled Restaurant offers great food for Lunch and Dinner. Brand new Equipment is in excellent condition. 205 seats. 4 COP/SRX Liquor license. Restaurant has outdoor seating with a nice view where you can watch boats coming and going. The price is based on the investment for the built out and the new equipment. Average monthly Gross Revenue is over $ 55,000.
One year Gross sale was $ 748,431. Very motivated seller willing to negotiate.

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Property Features and Assets:

Free standing building. 2,900 square foot, monthly rent $ 3,300.

Market Competition and Expansion:

No competition near by.

Reason for Selling:

Owner has two other businesses.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

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