Fantastic Ethnic and American Restaurant

Not Disclosed, FL
Martin County


Asking Price: Annual Revenue:
$999,000 $1,415,825

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Fantastic Ethnic and American Restaurant Broker: Kim Capen

Quick Facts

Asking Price: $999,000
Annual Revenue: $1,415,825
Net Profit: Not Disclosed
Cash Flow: $515,663
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 10
BBN Listing #: 614211185
Broker Reference #: 170-02315

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Business Overview:

Successful hidden jewel in south Florida for sale. Absolutely fantastic location surrounded by gated golf course communities with many homes in all directions. Fantastic ethnic fare and full continental American menu will get you tons of business. You will not need a penny more to move in! Fully equipped, exceptionally large dream kitchen for a chef to run, complete with all updated equipment and a brand-new kitchen air conditioner. It also has a full bar with a 4cop in place and bar area for your enjoyment as you wait for a table in this fully custom decorated dining room seating up to 220 at night. Average guest check is $140+/-, average guest $50-60. The amazing interior has custom made items to go with the décor. Open for dinner nightly except Sundays, but if you wanted to make even more money, being open for Lunch or could bring you $50,000 monthly. Garbage, sewer, grease trap all included in rent. One of the biggest benefits is the lease; the new buyer will be saving up to $200,000 over a 5-year period with the option in place. High-end custom menu books include the daily specials, all served to you by an experienced staff that will stay with the business. This restaurant also includes an outdoor area and is pet friendly. Purchase this business with clean books, excellent numbers (even during Covid), and all the other added bonuses!

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Property Features and Assets:

Inventory: $15,000 (Included in the asking price). Lease/Month: $6,550. Square Footage: 4,100. Building Type: Shopping Plaza. Expiration Date: 1/31/2028.

Reason for Selling:

Retirement

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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