Specialty Restaurants
Not Disclosed, FL Manatee County
Sarasota/ Bradenton
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- RE: Specialty Restaurants
- Contact: Dan Gore
Quick Facts
| Asking Price: | $1,700,000 | |
| Annual Revenue: | $2,883,572 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $802,556 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $325,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2021 | |
| Employees: | 24 | |
| BBN Listing #: | 995062 | |
| Broker Reference #: | 1033-19000 |
Business Overview:
2 small Restaurants combo for sale together. 1 is located on famous Anna Maria Island, and the other located a few miles away, also close to ocean. Combined adjusted net profit is $531K + $271K = $802K. Buyer will need to replace the two owner-operators with new managers, though some strong management team is already in place. Easy to learn food concept they have been using for 25 years. Will train, but buyer should have some food management background. Seller will hold a Note but not Lender financeable, so will need strong liquid capital. Please sign NDA & proof of financial before receiving package.
Contact the Seller:
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Property Features and Assets:
Lease is transferable and extended. Good landlords.
Assets = $630,000
Market Competition and Expansion:
Very little competition. Has not plateaued growth yet.
Could add another location or continue to grow current 2 locations.
Reason for Selling:
Health issues. Kindly ask the seller for more information.
Additional 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:
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