Business For Sale

Famous Restaurant - Outstanding Growth Potential

Jacksonville, FL
Duval County


Asking Price: Annual Revenue:
$1,700,000 $998,264

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Famous Restaurant - Outstanding Growth Potential Broker: Nancy Hallett
License #: 3273419

Quick Facts

Asking Price: $1,700,000
Annual Revenue: $998,264
Net Profit: Not Disclosed
Cash Flow: $139,539
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: $1,200,000
Year Established: 1977
Employees: 40
BBN Listing #: 233544585
Broker Reference #: 77210316

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Business Overview:

For over 40 years this landmark restaurant has been serving up great food in the heart of Jacksonville. The current owners have operated the business for 20 years and plan to retire. The dining room seats 150 and includes a private room for meetings and special occasions. Catering and takeout are 40% of the total business and offer immediate opportunities for growth. Confidential Memorandum available to qualified buyers with a signed confidentiality agreement. REAL ESTATE is included.

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Property Features and Assets:

4,400 square foot free standing building, ample parking, highly visible on main roadway.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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