Reduced Central Florida Steakhouse

Not Disclosed, FL
Seminole County

Central Florida


Asking Price: Annual Revenue:
$295,000 $1,285,121

Food & Beverage: Restaurants, Fast Food, Deli


Request More Information
Contact the Seller

RE: Reduced Central Florida Steakhouse Broker: Bradley Carpenter
Owner Financing is Available!
$250,000 Lender Prequalified

Quick Facts

Asking Price: $295,000
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

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

Substantial Price Reduction. 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 offers direct frontage along one of the County's major North-South highways that is scheduled to complete a 6-lane expansion project by end 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 ($1.2MM). Restaurant enjoys excellent Yelp and Trip Advisor reviews. Patron growth should be further enhanced by ongoing area growth and pending completion of highway expansion. Financials are tax return based not owner to prove. Lender Prequalified !!!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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 having 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. Road expansion is finally nearing completion.

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. Highway expansion completion will improve visibility and improve access.

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!