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- RE: High Volume Jacksonville Landmark Restaurant. Semi Absentee!
- Contact: Wes Greer
Quick Facts
| Asking Price: | $770,000 | |
| Annual Revenue: | $1,928,172 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $239,168 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $250,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2005 | |
| Employees: | 6 | |
| BBN Listing #: | SB-54576 | |
| Broker Reference #: | JACKSFL002-54576 |
Business Overview:
Attention restaurateurs, entrepreneurs and folks that just like to make money! This unbelievable Jacksonville FL landmark restaurant and full bar can be yours!This stunning restaurant made almost 2 million in sales in 2023 and the very semi absentee owner (10 hours a week) made close to $250,000 NET!Featuring a large new kitchen and upscale furniture and equipment worth over $300,000, the price of only $770,000 is a bargain. Seller just spent $150,000 in October on new equipment! GREAT lease terms as well.Seller would hold a note of up to 400K for the right buyer.
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Property Features and Assets:
Beautiful and high end furniture, fixtures and equipment. Brand new restaurant equipment
Market Competition and Expansion:
Well known landmark
Reason for Selling:
Retiring
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Florida businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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