Specialty Restaurants
Business Description
2 small Restaurants combo for sale together. 1 is located on famous Anna Maria Island, and the other located a few miles away, also close to ocean. Combined adjusted net profit is $531K + $271K = $802K. Buyer will need to replace the two owner-operators with new managers, though some strong management team is already in place. Easy to learn food concept they have been using for 25 years. Will train, but buyer should have some food management background. Seller will hold a Note but not Lender financeable, so will need strong liquid capital. Please sign NDA & proof of financial before receiving package.
About the Business
- Years in Operation
- 4
- Employees
- 24
- Facilities & Assets
- Lease is transferable and extended. Good landlords.
- Market Outlook / Competition
- Very little competition. Has not plateaued growth yet.
- Opportunities for Growth
- Could add another location or continue to grow current 2 locations.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,300
About the Sale
- Seller Motivation
- Health issues.
- Transition Support
- Will train for 2 weeks @ $0 cost.
- Financing Options
- $1,375,000 down/$325K over 24 mos. @ 6%.
Listing Info
- ID
- 2392547
- Listing Views
- 345
Listing ID: 2392547 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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