Turn-Key Restaurant looking for the right owner!

Not Disclosed, FL
Brevard County

Asking Price: Annual Revenue:
$300,000 $476,680

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Turn-Key Restaurant looking for the right owner! Broker: MOHAMMED (MO) BELARJ
Owner Financing is Available!
Loan/Seller - Amount: $100,000; Months: 48; Rate: 1.00% Monthly Payment: $2,126.15

Quick Facts

Asking Price: $300,000
Annual Revenue: $476,680
Net Profit: Not Disclosed
Cash Flow: $13,751
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 9
BBN Listing #: 1205630
Broker Reference #: 2301582110

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Business Overview:

Location, Location, Location. Unique Restaurant opportunity, located in a Publix strip mall in Cocoa, Fl, ample parking, constant flow of customers with right demographics. Fully equipped commercial kitchen; bar area is separate with high top booth seating and seats over 30. 4,800 Square Feet, Brand new build out cost over $300,000 with modern and sophisticated equipment, walk-in cooler and freezer, dedicated beer walk-in, large kitchen, would support any concept of cuisine, and big enough to allow for catering for the neighboring Cocoa Beach hotels and host parties and events. Current monthly sales around $40,000 and could easily be tripled. Bonus is a Hershey's ice cream store. Owner has other business interests and unable to control. Restaurant is being sold as an asset sale although fully operating. Tremendous upside for a hands-on operator to take it to where it should be! Motivated Seller, committed to success of the buyer and able to finance, with $200,000. This listing will not last!
Please refer to listing 2301582110, business broker Mo Belarj when your inquire about this listing. Please use email reply button of this ad to contact us.

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Property Features and Assets:

Lease/Month: $5,500; Square Footage: 4,800; Building Type: Free Standing; Expiration Date: 5/31/2021.

Market Competition and Expansion:

Non Compete : Miles: 5 Years: 5

Reason for Selling:

Other Business Interests.

Additional Details:

  • The property is leased.
  • 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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