Casual Beach Restaurant and Bar

Not Disclosed, FL
Duval County

Asking Price: Annual Revenue:
$250,000 $1,741,619

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Casual Beach Restaurant and Bar Broker: Andrew Thornock

Quick Facts

Asking Price: $250,000
Annual Revenue: $1,741,619
Net Profit: Not Disclosed
Cash Flow: $79,079
Total Debt: Not Disclosed
FF&E: $90,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 40
BBN Listing #: 66134955
Broker Reference #: 1027-15537

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Business Overview:

Restaurant for Sale in the Jacksonville Beaches Area - This is a corporate-owned franchise restaurant in need of an owner operator to increase sales and improve the bottom line. The restaurant serves the traditional American fare with a full bar. The atmosphere is casual with heavy crowds on the weekends and for sporting events. Seating is for 158. The franchise is looking for a highly qualified and experienced candidate. Call for an NDA.

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Property Features and Assets:

This is a stand-alone building with approximately 4,000 square feet of space and dedicated parking. Seating includes inside and outside dining areas as well as bar seating. Occupancy is for 158. Assets=$559,000

Market Competition and Expansion:

The franchise feels an active manager/owner could easily make this a $2m+ store. Both staffing and COGS are high and could be brought into normal ranges with a hands-on operator.

Reason for Selling:

This is a corporate-owned store in need of a hands on owner.

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 a franchise resale opportunity.

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