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Homestyle Restaurant & Property For Sale Florida
MOUNT DORA, FL
LAKE County
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| Asking Price: | Annual Revenue: |
| $2,300,000 | $2,276,712 |
Food & Beverage: Restaurants, Fast Food, Deli
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RE: Homestyle Restaurant & Property For Sale Florida
Contact: Lee Ossin
Owner Financing is Available!
Some seller financing available in conjuction with bank financing.
Quick Facts
| Asking Price: | $2,300,000 | |
| Annual Revenue: | $2,276,712 | |
| Net Profit: | $791,508 | |
| Cash Flow: | $791,508 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $85,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1980 | |
| Employees: | 26 | |
| BBN Listing #: | 942230812 | |
| Broker Reference #: | 400-04373AMERRESTPROP |
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Business Overview:
Homestyle family restaurant with property for sale. Business has a 5-decade reputation selling breakfast lunch and early dinners. Business has a classic Florida American menu including items like Chicken Pot Pie, Chicken Fried Steak, Burgers, Salads and much more. The real estate includes both the building and parking. Business also has a dedicated staff that allows the owner to maintain the restaurant with minimal supervision. Customers are mostly repeat customers with some coming in multiple times a week. Business also has over 2,000 online 5-star reviews. Business also has great books and records. The property included is valued at $700,000. Buyers must sign nondisclosure prior to details.
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Property Features and Assets:
Restaurant has plenty of seating and parking. There is also a full kitchen and server prep station.
Market Competition and Expansion:
Seller does not do much marketing however the surrounding area continues to grow in population and as it grows so the sales at the restaurant. Over 2,000 5-star online reviews also help bring in new customers.
Reason for Selling:
Seller is looking to retire.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- 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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