Ethnic Restaurant in Highly-Desirable Location

Gainesville, FL
Alachua County

Asking Price: Annual Revenue:
$109,000 $249,724

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Ethnic Restaurant in Highly-Desirable Location Broker: Terri Sherman

Quick Facts

Asking Price: $109,000
Annual Revenue: $249,724
Net Profit: Not Disclosed
Cash Flow: $121,842
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 253630362
Broker Reference #: 75600076

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Business Overview:

This restaurant is in a highly-desirable, high-traffic location in Gainsville--keep the current concept or bring your own. 4.8 stars on Google, and the business is growing off of word-of-mouth; there is a constant customer flow not dependent on university/students. Implement direct advertising and continue growing the business. Dine-in has increased to roughly 80% of the revenue with other 20% being delivery (third-party). Average ticket price $35-$40/person. Sellers invested over $60k to redo plumbing, AC, and improve build-out 3 years ago. 2022 financials based on Q1 2022 P&L. Contact Agent for NDA and more info.

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Reason for Selling:

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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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