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Restaurant For Sale
Location: United States -> Florida -> Margate
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Buy this award-winning Vietnamese restaurant for sale located in Margate, Florida. Turn the key and you're in business! Seller will train in all the recipes.

This award-winning restaurant for sale is 5,100 square feet and seats 150 guests comfortably. The business is very nicely decorated and has a stage and sound system, DJ booth, bar that can seat 12 guests, and an area set up to perform weddings. There is a 4COP liquor license in place meaning this location can serve liquor, beer and wine. The rent is a very reasonable $5,924 per month. The traffic count in front of the plaza that is home to this restaurant for sale exceeds 50,000 vehicles per day.

The owner of this restaurant for sale offered by the Restaurant Brokers is selling the ongoing business with all licenses, recipes and menu items to transfer. Two weeks of training is being offered at no cost to ensure the standards and procedures can be transferred to the new owner. The seller has owned and operated this award-winning business since its inception in 2003. The reason for the sale is retirement. The income streams of this business include dining, in-house catering and private function sales. Vietnamese weddings are popular and very profitable. The seller will discuss sales and profits to any interested and qualified buyer in a private meeting.

The fully equipped commercial kitchen in this restaurant for sale features a 30 foot exhaust hood and an in-ground grease trap. The kitchen equipment includes a six-eye burner, three candy stock pot burners, two double wok cookers, char-broiler, walk-in cooler, walk-in freezer, and commercial refrigeration. The front of house furniture and fixtures includes tables, chairs, booths, hostess stand, televisions, POS system, DJ booth, stage for live entertainment, and much more.If you have any questions please do not hesitate in calling your Certified Restaurant Broker, Ken Eisenband, at 561-350-3365.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $600,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2003
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Owner will train for two weeks at no additional cost
Reason For Selling:  Relocation

Photos

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Restaurant For Sale Photo 1




Print Listing Id: 700307927
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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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