Business Overview:
Excellent opportunity to acquire a highly profitable and extremely busy Mediterranean/American restaurant located in the beautiful Winter Park area close to Orlando.
The business is positioned on a busy road that has daily passing traffic of almost 30,000 vehicles and is close to a number of offices, businesses, and a medical center.
Sales have increased year on year, even during the pandemic, and are on track to increase again in 2022 to just over $1.5M, with the owner benefit for this year forecast to be $230k. The restaurant is fully equipped and turn-key ready with a strong lease in place and low rent for the area. There are 19 staff, including a manager who is able to run the business in the absence of an owner. The current owner is looking to retire for health reasons. The financials for 2022 are annualized based on YTD figures from Jan-Oct.
Great online reviews supported by a local customer base. Should easily qualify for an E2 visa. Interested buyers must provide a PFS with the NDA.
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Property Features and Assets:
2,000 square feet fully equipped, turn-key ready restaurant.
Reason for Selling:
Health reasons
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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