In Florida West Coast, beautiful Restaurant / Bistro with Real Estate

Asking Price$1,600,000

Cash Flow
$224,680
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,070,600

Inventory$12,500
Included in asking price
FF&E$250,000
Included in asking price
Real Estate$1,100,000
Included in asking price
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In Florida West Coast, beautiful Restaurant / Bistro with Real Estate


Asking Price$1,600,000

Cash Flow
$224,680
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,070,600

Inventory$12,500
Included in asking price
FF&E$250,000
Included in asking price
Real Estate$1,100,000
Included in asking price

Seller Financing Available
Business Description
In Vacation destination, Florida’s West Coast, beautiful Restaurant / Bistro, for sale with Real Estate Included.

Since: 1998.

Located: Florida West Coast. USA. In a premier tourist destination.

Industry / Business Sector: Restaurant Bistro.

Features and Business offers / services:
- International kitchen
- A blend of comfort and elegance cuisine, with a American and European influence.
- 100% food homemade. Chef is constantly expanding his skills and is continuously praised by customers, as well as commended on social media for his talent of preparing food to perfection.
- Distinguished list of Wine and Beer.
- Outdoor and Indoor Seating,
- Table service with gentil and proper customer service.
- Parking Available.

Important points:
- High value customers
- Low current operation hours
- Plenty of growth with more marketing and advertising.
- Real Estate included in the Asking Price.

Clients / Sales Channels:
- Local
- Tourist

Number of Employees: 20

Schedule:
- 5.30 pm to 9.00 pm

Restaurant Facilities:
- 1,600 Sq. Ft.
- 24 parking spaces in the location.

Summary Financials from Tax Returns:

2023 Tax returns:
- Sales: $ 1,070,600
- Ordinary Business Income: $ 31,480

- Add Backs: $ 193,200
- Seller Discretionary Earnings (SDE): $ 224,680

Asking Price: $ 1,600,000 (Real Estate Included)

Real Estate Market Value: +/- 1,100,000

Prospect Buyer Down Payment: $ 800,000

Seller Finance: $ 800,000
- Term: 10 Years
- Interest: 8%

Support & Training:
Owners are willing to stay for a Period of Time to ensure comprehensive training to buyer(s).

Reason for Selling: Owners are planning to retire.

All prospective buyers will be asked to present real Proof of Funds available on banks.

For more information:
Jose Carlos Perez
About the Business
Years in Operation
57
Employees
20
Facilities & Assets
Real Estate included in the Asking Price.

Restaurant Facilities:
- 1,600 Sq. Ft.
- 24 parking spaces in the location.
Website
https://businessdealusa.com/
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
1,600
About the Sale
Seller Motivation
Owners are planning to retire.
Transition Support
Owners are willing to stay for a Period of Time to ensure comprehensive training to buyer(s).
Financing Options
Seller financing $ 800,000 / 10 Years / 8% Interest
Listing Info
ID
2327495
Listing Views
1213

Contact Seller

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Business Listed by: Jose Carlos Miami Business Advisors

Listing ID: 2327495 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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