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Home-style Restaurant With Property For Sale In Florida

By July 18, 2022No Comments


Home-style Restaurant With Property For Sale In Florida

Central Florida
Seller Financing Available

Asking Price: $2,300,000

Cash Flow: $791,508

Gross Revenue: $2,276,712

FF&E: $85,000

Inventory: $20,000*

Real Estate: $700,000

Established: 1980

Florida Restaurant Including Real Estate
Home-style family restaurant with property for sale. Business has a 5-decade reputation selling breakfast lunch and early dinners. Business has a classic Florida American menu including items like Chicken Pot Pie, Chicken Fried Steak, Burgers, Salads and much more. The real estate includes both the building and parking. Business also has a dedicated staff that allows the owner to maintain the restaurant with minimal supervision. Customers are mostly repeat customers with some coming in multiple times a week. Business also has over 2,000 online 5-star reviews. Business also has great books and records. The property included is valued at $700K. Buyers must sign nondisclosure prior to details.

Location: Central Florida
Inventory: 15,000
Real Estate: Owned
Included in asking price

Employees: 26
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Restaurant has plenty of seating and parking. There is also a full kitchen and server prep station.
Competition: Restaurant is one of the main dining attractions in the area.
Growth & Expansion: Seller does not do much marketing however the surrounding area continues to grow in population and as it grows so the sales at the restaurant. Over 2,000 5-star online reviews also help bring in new customers.

Financing: Some seller financing available in conjunction with bank financing.
Support & Training: Seller will work with the buyer to make for a smooth and easy transition into the business.
Reason for Selling: Seller is looking to retire.