Request More Information Contact the Seller
- RE: Profitable Restaurant With Over $1M In Gross Sales
- Contact: Julia Harrison
- License #: SL3525070
Quick Facts
Asking Price: | $450,000 | |
Annual Revenue: | $1,232,737 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $255,027 | |
Total Debt: | Not Disclosed | |
FF&E: | $75,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2016 | |
Employees: | 13 | |
BBN Listing #: | 950956 | |
Broker Reference #: | 4110-00473 |
Business Overview:
**SBA LENDER PRE-QUALIFIED**
Thriving Mediterranean/American fast casual restaurant that consistently generates annual sales in excess of $1M.
The business is located in the beautiful Winter Park area close to Orlando, positioned on a busy road that has daily passing traffic of over 33,000 vehicles. The restaurant has been in operation since 2015 and is fully equipped and turn-key ready with a strong lease in place.
The business has an excellent reputation, with great online reviews, and is supported by a loyal customer base that includes a number of nearby businesses, offices, and a medical center. There is parking outside of the restaurant and indoor seating available.
There are 13 staff, including five shift managers. The current owner is looking to retire for health reasons but has had a consistent owner benefit of over $200,000 for the past several years.
With an established track record and experienced staff in place, this business should easily qualify for an E2 visa.
SBA Financing Scenario:
Buyer Down Payment of $50,500
Loan Term: 10 Years, 5 years fixed rate
Rate: P + 1% (9.50% present rate)
Monthly Loan Payment: $5,822.89
Small Business Administration financing is subject to the qualification of individual buyers. This business has not been directly reviewed by the SBA.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Reason for Selling:
Health issuesAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Florida businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information