Business For Sale

Blowout Sale - Turnkey Restaurant on Ocean Blvd

Not Disclosed, FL
Martin County

Asking Price: Annual Revenue:
$69,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Blowout Sale - Turnkey Restaurant on Ocean Blvd Broker: David Ballou

Quick Facts

Asking Price: $69,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $105,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 8
BBN Listing #: 2168630
Broker Reference #: 7301561730

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Business Overview:

This restaurant was previously "Josephine's" but closed for personal reasons. Now it’s available as an asset sale at a huge discount. Prime location with Ocean Blvd frontage. Only 2 years old. Buildout was professionally designed for over $230,000. Huge kitchen with all appliances only 2 years old. About 3,500 square feet. Seats about 75 with outside courtyard. Includes custom brick pizza oven. Large bar with TVs. Continue with Pizza theme or bring on a new idea. Offered at a low price for quick sale. Assets valued over $300,000! Please refer to listing number 7301-561730 and advisor David Ballou when inquiring.

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Property Features and Assets:

Lease/Month: $5,500; Square Footage: 3,500; Building Type: Strip mall; Terms & Options: new lease needed; Expiration Date: 9/30/2023.

Reason for Selling:

Owner leaving business.

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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