Specialty Restaurants

Business
  • Listing# : 19000
  • Listed Price : $1,700,000
  • Total Sales : $2,883,572
  • SIC : 5812
  • Down Payment : $1,375,000
  • Status : Active
  • Discretionary Earnings : $802,556

Business Type :

Restaurants / Specialty Restaurant

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.  

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $5,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $325,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $300,000
    • Incl : Yes
    • Total Assets $630,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Restaurants