Hot Listing
American Family Restaurant-SEMI-ABSENTEE Ownership Possible.
Business Description
Semi Absentee American Grill - *New 20k Price Reduction*
----POSSIBLE E2 VISA QUALIFIER!!----
Here is the SEMI-ANSENTEE Owner-Investor RESTAURANT OPPORTUNITY You've been WAITING FOR!!!
-BUY-INVEST- WORK WHEN YOU WANT-PLAY WHEN YOU WANT. This well-know, breakfast, lunch, and dinner Restaurant in the South Venice FL area just hit the market--. Family owned and operated by the same owner for over 10years. THE RESTAURANT IS AN AMAZING OPPORTUNITY for a FAMILY to BUY and OPERATE it a TEAM affair. The grill is open 6 days a week from 7am to 8pm. Established repeat customer base. The Restaurant, which is in a high traffic location averaged $718,000 in Sales over the past 3 years and has SUPER LOW RENT of about $2,700 a month with additional renewal options available. The restaurant almost runs itself. The owner's "adult son" who currently runs the place is willing to work as an employee for the BUYER and continue running the restaurant as the Manager for a negotiated salary. Most of the existing employees, who are part of the family, still need jobs to make a living want to continue working for the new owner. Only the father(seller) wants to retire.
-- A SIGNED NDA & PROOF of FUNDS REQUIRED --
Copy Link in a Separate Browser to sign!
https://signnow.com/s/K38SIY9n?blank_redirect=https%3A%2F%2Fwww.businessbrokerworld.com%2Flistings%2F
Here is the SEMI-ANSENTEE Owner-Investor RESTAURANT OPPORTUNITY You've been WAITING FOR!!!
-BUY-INVEST- WORK WHEN YOU WANT-PLAY WHEN YOU WANT. This well-know, breakfast, lunch, and dinner Restaurant in the South Venice FL area just hit the market--. Family owned and operated by the same owner for over 10years. THE RESTAURANT IS AN AMAZING OPPORTUNITY for a FAMILY to BUY and OPERATE it a TEAM affair. The grill is open 6 days a week from 7am to 8pm. Established repeat customer base. The Restaurant, which is in a high traffic location averaged $718,000 in Sales over the past 3 years and has SUPER LOW RENT of about $2,700 a month with additional renewal options available. The restaurant almost runs itself. The owner's "adult son" who currently runs the place is willing to work as an employee for the BUYER and continue running the restaurant as the Manager for a negotiated salary. Most of the existing employees, who are part of the family, still need jobs to make a living want to continue working for the new owner. Only the father(seller) wants to retire.
-- A SIGNED NDA & PROOF of FUNDS REQUIRED --
Copy Link in a Separate Browser to sign!
https://signnow.com/s/K38SIY9n?blank_redirect=https%3A%2F%2Fwww.businessbrokerworld.com%2Flistings%2F
About the Business
- Years in Operation
- 10
- Employees
- 4
- Facilities & Assets
- The restaurant is about 1500 sqft and can seat about 60 people. All FF&E is included and will transfer with the sale.
- Market Outlook / Competition
- Normal restaurant competition exists in the area.
- Opportunities for Growth
- The restaurant could increase its delivery and catering business. It could also stay open later on the weekend nights.
About the Sale
- Seller Motivation
- The "Patriarch" of the Family is ready to cash out and retire
- Transition Support
- The restaurant almost runs itself. The owner's "adult son" who currently operates the place is willing to stay on with the BUYER as the Manager/employee and continue running the restaurant for a negotiated salary. Most of the employees, who are part of the family, still need to work for a living. Only the father(seller) wants to retire.
- Financing Options
- The Seller will Finance UP to a $100,000 to a qualified Buyer subject to approval on
Listing Info
- ID
- 2371526
- Listing Views
- 3573
Listing ID: 2371526 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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