Landmark Gourmet Dining Restaurant for Sale in South Florida

Business
  • Listing# : 16603
  • Listed Price : $1,350,000
  • Total Sales : $2,724,358
  • SIC : 5812
  • Down Payment : $1,350,000
  • Status : Active
  • Discretionary Earnings : $311,781

Business Type :

Restaurants / Gourmet Dining

Business Description :

Reason for Sale: Relocating- Landmark Gourmet Dining Restaurant for Sale in South Florida. Established since 1990's serving innovative American cuisine. Their iconic brand has been a mainstay in the South Florida dining scene for decades. 2021 sales will exceed 2.9 million with an owner benefit of $310k +. Perfect books and records. All employees are W2. Business should qualify for Visa. Experienced Chef's & dining staff in place. 4 Cop SRX Liquor license & $30k inventory (food/liquor) included.  Long term lease until 2032. 8000 sq ft facility with seating for 200 customers.  2 full kitchens/dining rooms/private party rooms to support multiple brands. Great restaurant hours only open 6 days/week from 6-11. A new owner can open on Sunday for Brunch and Dinner. Ample parking with valet.  Financial  #'s are a trailing twelve months from Sept 202-Aug 2021. Video Tour available. All buyers must financially qualify before the name & executive summary is released.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $30,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $25,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $55,000
    • Incl : Yes

Lender Prequalified: No

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Restaurants