NOT DISCLOSED, Florida
| Asking Price |
$860,000 |
Year Established |
1986 |
|
| Annual Revenue |
$1,101,824 |
Reason for Selling |
Up in age -- ready to retire and pass it on to next owner. |
|
| Annual P/L |
$0 |
Attention |
Dan Gore |
|
| Annual Cash Flow |
$237,237 |
Listing Number |
994769 |
|
| # of Employees |
15 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
39 yr. Restaurant Family Diner plus Real Estate included for sale. Rural/country area east of Bradenton FL on major traffic HWY. Owner getting up in age, travels much, needs to retire. 1.5 acres plus building and parking lot. Seats 150. Parks 50 paved spots plus large overflow grass area. American style food. Well loved spot for the locals. Buyer may keep the current concept or change it to a new concept. 30% down for qualified buyers bank financing for the RE, less a Seller note for the business.
Property Features and Assets:
<p>Well maintained older building. Roof & AC & parking lot in good shape. <br></p><p>Assets = $866,000</p>
Market Competition and Expansion:
<p>Large rural farming population happy to have somewhere close to go out to eat. <br></p><p>Can bring in new energy, upgrades, menu, or keep it the same. <br></p>
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity