Turn Key Restaurant Another Price Drop!

Not Disclosed, FL
Brevard County

Asking Price: Annual Revenue:
$150,000 $476,680

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Turn Key Restaurant Another Price Drop! Broker: MOHAMMED (MO) BELARJ
Owner Financing is Available!
Loan/Seller- Amt: $65,000 Mos:18 Rate:.00 Mo Pmt: $3,611.40

Quick Facts

Asking Price: $150,000
Annual Revenue: $476,680
Net Profit: Not Disclosed
Cash Flow: $96,968
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:

This restaurant is located in a Publix strip mall in Cocoa, Fl, with ample parking, a constant flow of customers with the right demographics.
The fully equipped commercial kitchen at this restaurant is huge. The bar area is separate with high top booth seating and seats over 30.
The brand new build out cost over $300,000 with all modern and sophisticated equipment, walk-in cooler and freezer as well as a dedicated beer walk-in, large kitchen which would support any concept of cuisine, and big enough to allow for catering for the neighboring Cocoa Beach hotels.
The facility is a massive 4,800 SQF and can host events such as birthdays, social and meet-up/ networking events. The Sky is the Limit for what you can achieve with this opportunity!
The owner cannot focus on this business because of his other business interests. This is why this restaurant is basically coming as an asset sale and offers the opportunity for a tremendous upside for a hands-on operator.
It also has a spacious Hershey’s ice cream corner.
This place is looking for the right owner operator to take it to where it should be, and that may well be you!
Motivated Seller, committed to the success of the right buyer and able to extend financing, with only 50% down and the rest over 24 months at 0%, with payments starting only after 6 months. The Seller will accept a $110,000 Cash Offer!
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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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