Listing Expired

Business For Sale

Food & Beverage: Restaurants, Fast Food, Deli

Great Opportunity to Purchase Franchise Restaurant

Indian River, FL

Asking Price: Annual Revenue:
$275,000 $837,631

Business Overview:

This absentee run franchise restaurant needs the touch of owner/operator to be truly successful! Located in a Publix shopping center, it is in a desirable location in family oriented community. Priced well below cost with seller financing available! Sales were down due to road construction which is now completed. A great opportunity with established sales! Currently has beer/wine license, but full liquor license (4COP SRX) is available. Franchise transfer fee not included.

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Property Features and Assets:

The restaurant is located on a major road with a traffic count in excess of 27,000 vehicles per day. The 3,594 square foot facility is fully furnished and decorated per the franchise requirements, and it includes a bar area, two main dining rooms, a game room, a small conference/meeting room for customer business meetings, a kitchen, and storage rooms. Parking is very plentiful in the very large shopping center parking lot. The current lease is a ten year lease that expires on June 30, 2019. The monthly rent per the lease is $5127.

Market Competition and Expansion:

The restaurant generated sales in excess of $835,000 despite road construction in 2010. With proper management in place and an onsite owner/operator at the helm, the sales revenues, efficiencies and profitability of this business may be greatly enhanced.

Reason for Selling:

Absentee owned, owner has other businesses.

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.

Request More Information
Contact the Seller

RE: Great Opportunity to Purchase Franchise Restaurant Broker: Lou Vescio Coastal Business Intermediaries, Inc.
Owner Financing is Available!
Seller willing to finance $125,000 @ 8% interest for 5 yrs for qualified buyer.

Quick Facts

Asking Price: $275,000
Annual Revenue: $837,631
Net Profit: Not Disclosed
Cash Flow: $133,076
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2002
Employees: 30
Listing Number: 824426524

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