Business For Sale

Restaurant/Catering For Sale

Not Disclosed, FL


Asking Price: Annual Revenue:
$178,500 $365,740

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant/Catering For Sale Broker: John Kraft

Quick Facts

Asking Price: $178,500
Annual Revenue: $365,740
Net Profit: Not Disclosed
Cash Flow: $81,758
Total Debt: Not Disclosed
FF&E: $44,647
Real Estate: Not Disclosed
Year Established: 2005
Employees: 15
BBN Listing #: 64224955
Broker Reference #: 1017-11468

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Business Overview:

RESTAURANT IN HISTORIC NORTH FLORIDA RESIDENCE FOR SALE! Very unique full service restaurant with catering, carry-out and special events venue. Located in a quaint North Florida community. Extremely well equipped restaurant and on-going businesses in an expertly restored 2,760 square feet. 93 year old historic residence. Plus a beautiful gazebo and two utilitarian storage barns all on 1.48 landscaped acres. This is a one-of-a-kind restaurant which has multi-functional uses by loyal customers throughout the region.

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Property Features and Assets:

This is truly a one-of-a-kind restaurant! Located in a quaint community just 30 minutes from the State Capital. Housed in a renovated 1922 historic home on a major east/west highway, the interior is cozy yet spacious enough to easily serve 70 at a sitting or up to 180 for an event. The 1.48 acres on which this 2,760 square feet restaurant is located are landscaped and feature a classic gazebo for special occasions. Two storage barns are conveniently located for easy access on the east edge of the property. Everything is very well maintained. Assets = $134,147

Market Competition and Expansion:

There is very little catering competition in this North Florida community. Catering opportunities abound for this business and often take place in Tallahassee or neighboring towns. Catering clients include hospitals, doctor's offices, pharmaceutical reps, associations, law offices, plantations and various events centered around activities in Tallahassee. This past year, much catering has taken place in their beautiful Historic Location: weddings receptions, reunions, social gatherings, community meetings, organizational get togethers, retreats and more. The take out business has no local competition. Fresh frozen entrees, soups and deserts as well as hot off the stove specialty delights are offered 5 days a week to a variety of thankful customers! Currently this restaurant operates on a limited schedule serving lunches Monday through Friday with a special dinner offered only on Tuesday evenings. Friday's and Saturday's are reserved for catering jobs or special events at the restaurant. The owners take Sunday off. However, there is a substantial demand for a brunch on Sunday in this quaint North Florida town. A new owner could serve dinners Thursday and Friday nights with a featured brunch on Sunday. This would increase the customer base as well as sales revenue. Operating more hours is directly related to the energy and passion of the new owners. The market demand is there!

Reason for Selling:

Retirement.

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.

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