Upscale Restaurant in North St Augustine

Not Disclosed, FL
St. Johns County


Asking Price: Annual Revenue:
$199,000 $657,623

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Upscale Restaurant in North St Augustine Broker: Richard Murray

Quick Facts

Asking Price: $199,000
Annual Revenue: $657,623
Net Profit: Not Disclosed
Cash Flow: $115,850
Total Debt: Not Disclosed
FF&E: $85,000
Real Estate: Not Disclosed
Year Established: 1991
Employees: 12
BBN Listing #: 570618747
Broker Reference #: 7101550101

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Business Overview:

Upscale Restaurant in North St Augustine. This restaurant is one of the new hot spots in town. Full liquor license, Unique location, amazing buildout and the best food around gives this business an edge over the competition. The hard works been done. This is the perfect set up for an experienced Restaurateur that wants to jump right into the market at the top. Please refer to listing 7101-550101 and advisor Richard Murray when inquiring on this listing.

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Property Features and Assets:

Lease/Month: $2,000; Square Footage: 2,800; Building Type: Other; Terms & Options: 5 year option; Expiration Date: 5/1/2031.

Reason for Selling:

Relocating

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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