Fantastic French Restaurant

Melbourne, FL
Brevard County

Brevard County

Asking Price: Annual Revenue:
$350,000 $384,652

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Fantastic French Restaurant Broker: Bradley Carpenter

Quick Facts

Asking Price: $350,000
Annual Revenue: $384,652
Net Profit: $91,640
Cash Flow: $151,566
Total Debt: Not Disclosed
FF&E: $89,432
Real Estate: Not Disclosed
Year Established: 2013
Employees: 8
BBN Listing #: 714945422
Broker Reference #: 40902191

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Business Overview:

French Crepe restaurant opened only for Breakfast and Lunch. Owner works only PT. Concept has been operating for 6 years with modifications by current owners allowing for a continued increase in patron following. High density residential construction underway a block from establishment. Notwithstanding, YTD 2019 thru April, sales are up over 20% compared to same period last year. Serves wine and beer. Rated indoor capacity at 31 guests includes wine bar. All equipment is in pristine condition. Great outdoor seating (25 seats) on City's main street that could be transformed for evening dinning. Full disclosure package available for review. Great YELP reviews. Financials are Tax Return based NOT owner to prove.

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Property Features and Assets:

Free standing 1,7500 Square Feet free standing building located along main street of one of Brevard County's largest cities. Turn-key operation with all assets well maintained.

Market Competition and Expansion:

Despite a number of local owned restaurants nearby there are no other Crepe oriented eateries in the area that has allowed subject business to witness increased patron following. Restaurant revenue could be significantly scaled with dinner hours and working owner could improve business economics.

Reason for Selling:

Pursue other interests.

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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