Full service Breakfast & Lunch Restaurant

Port Saint Lucie, FL
St. Lucie County

Asking Price: Annual Revenue:
$110,000 $433,982

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Full service Breakfast & Lunch Restaurant Broker: Dale Armor

Quick Facts

Asking Price: $110,000
Annual Revenue: $433,982
Net Profit: Not Disclosed
Cash Flow: $78,437
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 7
BBN Listing #: 21711185
Broker Reference #: 170-18586

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Business Overview:

Long established breakfast and lunch restaurant. Full service, great location with high traffic count on major highway. Turn-key and ready to go. Seller spread thin with multiple business interests and ready to cut back. Perfect for an Owner/Operator or Husband & Wife team. 2019 annual sales were $365k+/-. 2020 COVID sales down 22%+/- but 100% forgiven PPP proceeds of approximately $18k+/- put Owner Benefit within $10k of 2019. 2021 sales running 19% ahead of 2019 through May. Business tracking to do over $400k this year. 2021 Owner's Estimate below based on 19% sales growth over 2019 and projected 18% total Owner Benefit. Final results may vary. Excellent opportunity to take full advantage of the post COVID resurgence of the retail and food service sectors.

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Property Features and Assets:

Inventory: $500 (Included in asking price). Lease/Month: $3,802. Square Footage: 2,067. Building Type: Strip Plaza. Terms & Options: 5 year option. Expiration Date: 6/3/2022

Reason for Selling:

Focusing on other 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.

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