Business For Sale

Profitable and Easy to Run Buffet Restaurant

Jacksonville, FL
Duval County

Southside


Asking Price: Annual Revenue:
$325,000 $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 $125,000 for 48 months at 6%. Buyer must be qualified.

Quick Facts

Asking Price: $325,000
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.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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