Business For Sale

Profitable and Easy to Run Buffet Restaurant

Jacksonville, FL
Duval County

Southside


Asking Price: Annual Revenue:
$275,000 $558,086

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable and Easy to Run Buffet Restaurant Broker: Anthony Rigney
License #: CQ1055334
Owner Financing is Available!
Seller to hold $100,000 for 48 months at 6%. Buyer must be qualified.
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Quick Facts

Asking Price: $275,000
Annual Revenue: $558,086
Net Profit: $199,607
Cash Flow: $199,607
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 5
BBN Listing #: 554454044
Broker Reference #: 778-18007

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Business Overview:

Highly profitable buffet located on busy Southside of Jacksonville. Operates in a shopping Center with major popular grocery store as anchor. Open 8 years with good books and lots of potential. Buffet style keeps labor costs to a minimum thereby maximizing margins. Catering makes up a growing portion of the business with room for further growth. Owner works only part time. Food an alcohol inventory included in price. Easy to run but restaurant experience would be a plus.

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Property Features and Assets:

Located on busy highway in shopping strip with popular grocery store.

Market Competition and Expansion:

Low labor cost gives this business a competitive advantage over competitors.

Reason for Selling:

Discuss with Seller.

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.

Relevant Links:

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