Turn-Key Restaurant Established Twenty Five Years

Not Disclosed, FL
Citrus County


Asking Price: Annual Revenue:
$155,000 $240,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Turn-Key Restaurant Established Twenty Five Years Broker: Nelson Quintero
Owner Financing is Available!
Loan/Seller- Amount: $35,000; Months: 12; Rate: 6.00% Monthly Payment: $3,012.33

Quick Facts

Asking Price: $155,000
Annual Revenue: $240,000
Net Profit: Not Disclosed
Cash Flow: $96,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1996
Employees: 4
BBN Listing #: 258630
Broker Reference #: 2301940543

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Business Overview:

Highly Motivated Seller! 25 years established TURN-KEY RESTAURANT with a BEER & WINE license located in a very busy shopping center and in a very populated area. Indoor and outside seating of 40 with approximately 1,170 square feet +/- and rent of $1,600 which includes base rent, CAMS, sales tax on rent, water and garbage. Fully equipped. Full hood exhaust and Great location. Charming, family-owned Italian Restaurant. Small in size, but BIG in your dining experience! Please refer to listing number 2301940543 and business broker Nestor Quintero - when inquiring. Thank you!

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Property Features and Assets:

Lease/Month: $1,600; Square Footage: 1,170; Building Type: PLAZA; Expiration Date: 8/1/2022.

Market Competition and Expansion:

Non Compete: Miles: 3 Years: 3

Reason for Selling:

Personal

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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