Steakhouse with Huge Potential

Not Disclosed, FL
Hardee County

Asking Price: Annual Revenue:
$199,000 $664,796

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Steakhouse with Huge Potential Broker: Joseph Nicolini
Owner Financing is Available!
Loan/Seller - Amount: $20,000 @ 7% for 24 Months @ $895.45 per month

Quick Facts

Asking Price: $199,000
Annual Revenue: $664,796
Net Profit: Not Disclosed
Cash Flow: $85,132
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: 23
BBN Listing #: 5721630
Broker Reference #: 3353752581

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Business Overview:

Fully remodeled Steakhouse with no competition within a 30 mile radius of location. Landlord is willing to sell the property if interested . Excellent lease in place as landlord responsible for everything including AC, walk in coolers, plumbing etc. Location currently seats 176 people but can easily seat 250 people. Seller only has a beer and wine license so a buyer can easily obtain a full SRX liquor license. This is a free standing building with at least 80 current parking spots. Excellent opportunity for experienced restaurateur as seller is poor at inventory control and cost of goods. Please refer to listing # 3353-752581, Agent Joseph Nicolini when inquiring about this listing. Thank You!

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Property Features and Assets:

Lease/Month: $3,200; Square Footage: 5,000; Building Type: Free Standing; Terms & Options: Open; Expiration Date: 10/1/2022.

Reason for Selling:

Health Issues

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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