Seller's Contact Information
- RE: 2 Well-Established Brevard County Restaurants
- Contact: Tony Blair
Quick Facts
| Asking Price: | $750,000 | |
| 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: | 2005 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 578935435 | |
| Broker Reference #: | 4110-00335 |
Business Overview:
Two award-winning locations serving subs, Philly cheesesteaks, hot dogs, and other comfort foods in this East-Coast Florida County since 2005. With a 4.7 rating on Google and over 1200 reviews, the restaurants have a great reputation, leaves behind a well-trained staff with tenure to assist with continuity, and is pleasantly located near the FL beaches.
Both locations have been well-maintained (new AC units and equipment), and the 1/2 acre of Real Estate and free-standing building from one of the two locations is included in the sale price; the other location has low rent with a flexible lease. The Seller's are looking to retire and spend time with their family.
Keep the concept, or bring your own. This is a great opportunity for an owner/operator or a family-run business.
Assets Included:
Inventory: $7,500
FF&E: $50,000
Leasehold Improvements: $35,000
Real Estate: $500,000
Total Assets Valued at Approximately $592,500!
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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Property Features and Assets:
Location 1: Stand-Alone Building on half an acre | Location 2: Strip Center
Reason for Selling:
Discuss with the seller.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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