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American Restaurant
Location: United States -> Florida -> Sarasota
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Exceptional Sarasota County family restaurant on the water and only a short drive from the beach. Moderately priced menu featuring steak & seafood, a bountiful salad bar and vast appetizer selection. The full bar is well stocked with spirits & wines. Choice of indoor or outdoor dining. Owner operated for 6 years with increasing revenue and profits each year. 2009 is exceeding 2008. Ample parking. Pristine kitchen and bathrooms. Owner will finance. Favorable rent with option to buy real estate. Contact for more information on this Restaurant for sale.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,456,685
Cash Flow:   $490,033
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $115,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2002
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned

About The Sale

Management Training and Support:  4 weeks at no cost.
Reason For Selling:  Discuss with seller.




Print Listing Id: 700100586
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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