Florida Business Exchange: Nice Family Restaurant For Sale

Seller Financing Available

Asking Price: $59,000
Gross Income: $193,656
Cash Flow: $60,172
FF&E: $29,500.00 *
Inventory: $1,000.00 *
Year Established: 1994
Employees: 4 ft, 1 pt
Business Types: Family Restaurant Breakfast/Lunch

* included in the asking price

Business Description

Family Style Breakfast and Lunch (Closes at 2:30). Excellant Condition and Very Clean, and a Great Reputation. (Looks like home inside) Nice Outdour Patio. ONLY 20K DOWN. Caters to many businesses in the neighborhood. This place has great upside. Add Dinner, E-Mail Marketing to businesses in neighborhood. Established customer base. 2,400 sq/ft. Currently delivers. Owner is very motivated due to his health and will discount for cash. Excellent Lease. (Includes Water/Trash/Taxes/CAM)

Detailed Information

Facilities:: Rent is $ 2,400/month for $2,400 sq/ft. Includes Water/Trash/Cam/Taxes. Very nice. Home Look. Looks Great. ADA Compliant.
Competition:: Serves Both a commercial neighborhood as well as a very large residential neighborhood.
Growth/Expansion:: Needs an E-mail marketing program to advertise daily specials. In a Good Location for dinner. Can add 2cop beer/wine license and more TV's for additional revenues.
Financing:: 39,000 over 3 years at 6% to a qualified buyer. Will Discount For Cash
Support/Training:: 2 Weeks at no charge, or as needed for a smooth transition.
Reason Selling:: Health