Award winning Steakhouse

Not Disclosed, FL
Seminole County

Central Florida


Asking Price: Annual Revenue:
$380,000 $1,285,121

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Award winning Steakhouse Broker: Bradley Carpenter

Quick Facts

Asking Price: $380,000
Annual Revenue: $1,285,121
Net Profit: Not Disclosed
Cash Flow: $109,590
Total Debt: Not Disclosed
FF&E: $55,818
Real Estate: Not Disclosed
Year Established: 1992
Employees: 35
BBN Listing #: 854445422
Broker Reference #: 40902197

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Business Overview:

Incredible opportunity to own a 29 year old iconic Steakhouse restaurant in Seminole County. Orlando City Magazine "Best restaurant in Seminole County" award winner and 2018 Best of Sanford, Readers Choice winner "Best Steaks". This local establishment is located directed along one of the County's major North-South highways that is targeted to complete its delayed 3-year 6-lane expansion project by Fall of this year. Full liquor bar. Owner is semi-absentee that should allow significant cost savings by working owner. RE is available for lease or purchase. Restaurant enjoys excellent Yelp and Trip Advisor reviews. Patron growth should be further enhanced by ongoing residential construction and completion of highway improvements. Financials are tax return based!

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Property Features and Assets:

4,500 free standing building with frontage along one of Orlando's major north-south highways. Restaurant is totally turn-key with building recently installing new grease traps and pump station. Has one of last lighted pole signs left along roadway that will complete its 6-lane expansion this year. Delayed road project has been underway for the past 3 years impacting area businesses including subject given congestion and access issues.

Market Competition and Expansion:

Business is located just a hundred yards from major intersection with ongoing residential development nearby that should enhance patron following. Limited advertising is extended by current owner that could also improve restaurant awareness and revenue.

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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