Retro 50's Burger Restaurant

Port Saint Lucie, FL
St. Lucie County


Asking Price: Annual Revenue:
$125,000 $496,402

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Retro 50's Burger Restaurant Broker: Bob Leone

Quick Facts

Asking Price: $125,000
Annual Revenue: $496,402
Net Profit: Not Disclosed
Cash Flow: $72,771
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 13
BBN Listing #: 232611185
Broker Reference #: 170-08485

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Business Overview:

Priced to sell: This is a Retro 50's Diner specializing in Burgers & Fries, Milk Shakes, and more. The basic atmosphere is very cool, old school 50's diner. The owners have had a successful 7+ years and now want to retire back to their home state. This location has been very successful due to the tremendous growth going on in the area. There are plans in place to widen the main road to four lanes, as well as rebranding the area “St. Lucie East”. Lots of residential blue collar new home growth going on to the demographic that this diner/burger joint caters to. The initial build out was from the ground floor up and well exceeded $250,000. Cash flow is there, it’s a great money maker. Owner just recently switched over from a Hwy 55 franchise to now being on their own. Of course, with not paying any royalties, their profits will go up by 6% automatically, and they will now have the freedom to add or remove different menu items. This place is prime for the taking!!!!!!!!

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Property Features and Assets:

Inventory: $3,000 (Included in asking price). Lease/Month: $4,713. Square Footage: 2,547, Building Type: Huge Strip Plaza. Terms & Options: MTM. Expiration Date: 12/31/2021. Leasehold: $185,000.

Reason for Selling:

Retirement

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 a franchise resale opportunity.

Relevant Links:

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