Popular American Restaurant With Real Estate For Sale in Orlando Area
Oviedo, FL (Seminole County)
Seller Financing Available
Asking Price: $1,950,000
Cash Flow: $509,276
Gross Revenue: $1,798,898
FF&E: $250,000
Inventory: $30,000
Established: 2000
Casual American Diner with real estate that serves American comfort food for breakfast, lunch and dinner. The restaurant is a town favorite catering to both locals on a regular basis and thousands of commuters each month. The facility has a full menu with a large kitchen in addition to a walk-in freezer and walk-in cooler. Restaurant has an extensive base of loyal customers that come regularly and it also has an ongoing marketing campaign that brings in new customers every week. The purchase includes the real estate including a building and surrounding property. The real estate was recently appraised by a commercial appraiser and the restaurant also has great books and records. Business should qualify for an SBA bank loan for a qualified buyer.
Location: Oviedo, FL
Inventory: Included in asking price
Employees: 25
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: The premises seat close to 150 people and there is plenty of parking.
Competition: Business has a loyal customer base and it located in a high-traffic area.
Growth & Expansion: Lots of ways to bring in additional business. New owner can open for additional hours and could also put together events to bring in more customers.
Financing: A qualified buyer should be able to get SBA financing.
Support & Training: Owner will work with the buyer to make for a smooth and easy transition into the business.
Reason for Selling: Owner is looking to retire.