Full Service Restaurant Breakfast Lunch and Dinner

Gainesville, FL
Alachua County

Next to University

Asking Price: Annual Revenue:
$289,000 $600,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Full Service Restaurant Breakfast Lunch and Dinner Broker: Thomas Keay
License #: SL3425630
Owner Financing is Available!
$200,000 down with $129,000 carried over.

Quick Facts

Asking Price: $289,000
Annual Revenue: $600,000
Net Profit: Not Disclosed
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 10
BBN Listing #: 152145879
Broker Reference #: Not Disclosed

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Business Overview:

This is a current open and operating business within walking distance of the University of Florida. It is a full restaurant serving breakfast lunch and dinner. It currently serves an American breakfast followed by lunch and dinner with an Asian twist. It has been running for more than a decade and the business has established a loyal customer base.

The owner is looking to sell to spend more time with family. He bought it around 9 years ago, and him and his wife have run it successfully ever since. The new owner for this business is someone who needs to be hands on with the business.

The restaurant operates on 3,000 +/- Square Feet with less than 10 employees on the books. Because of its prime location next to the University, there is a lot of foot traffic and generates multiple rush hours throughout the day. Take a look at this full service restaurant. The location, goodwill and history of this business makes it well worth the price!

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Market Competition and Expansion:

Businesses are well established around the University. This means the current numbers are sustainable year after year.

Reason for Selling:

Family Matters.

Additional Details:

  • The property is owned.
  • The owner is not 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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