Two Seperate Restaurants & Office Building 1.95ac

Panama City, FL
Bay County

Panama City, Florida


Asking Price: Annual Revenue:
$1,500,000 $1,100,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Two Seperate Restaurants & Office Building 1.95ac Broker: Marty Bombenger
License #: BK3264325
Owner Financing is Available!

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $1,100,000
Net Profit: $244,297
Cash Flow: $220,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: $650,000
Year Established: 2012
Employees: 15
BBN Listing #: 379757834
Broker Reference #: Not Disclosed

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Business Overview:

Two Separate Restaurant Concepts / Properties & Office Building – 1.95 Acres

Tremendous Opportunity to Own & Operate Well-Established & Successful, One of a Kind, Two Restaurant Concepts in Two Separate Buildings, along with a 3-Office Building on 1.95 Acres.

Fully Equipped & Completely Turnkey - This 1.95 Acre Property, includes 3 Buildings, with a variety of Options, in Relaxing Family Atmosphere – Providing Great Food and Down-Home Cooking in Beautiful Panama City –

Property comprises Two Restaurants, a 150-seat, combination, Oyster Bar, Steakhouse, BBQ, & Seafood Market, along with, NEWLY REMODELED, 72-seat Breakfast/Waffle Shop Diner, with Drive-Thru - Restaurant Sales of $1,100,000 , Not Including the Newly Remodeled Breakfast Diner – Over $220,000 in Owner Benefits.

Included in the Sale, is an Additional Parcel with an 1700 square foot Office Building, with Space for 3 Offices

This Bay County Favorite has been in Business for More than 9-Years. Seller has kept Excellent and Substantiated Financials - Bounced Back from COVID-19 Shutdown Nicely

The Restaurants Do Not Serve Alcohol… The Seating and Square Footage, Qualify for a Liquor and/or Beer & Wine License - Inside and Screen Porch Dining Areas, Flexible for Private Parties or Special Events.

Dedicated Staff Will Remain to Ensure a Smooth Transition of Ownership and Continued Success, however the Name Will Not Convey

Unlimited Restaurant Concepts with Endless Opportunities - Excellent Reviews. Strong Take-Out / Catering & Delivery Business with a Loyal Clientele. Well-Equipped and Well-Maintained Kitchen - Desirable Location on Busy Highway - Plenty of Parking

NDA and Financial Statement Required

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Reason for Selling:

Owners Retiring.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

Relevant Links:

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