Ethnic Restaurant
Location:
United States
->
Florida
->
Sarasota
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
This beautiful ethnic 105 seat restaurant sits on the second floor with balcony overlooking the St. Armands Circle. The thousands of tourists who visit daily may use the elevator to rest and look down onto all the foot traffic. A complete remodeling of the interior was just completed in 2006 and thus the reduced revenue for that time frame. The menu reflects classic American, Lebanese and a touch of Italian flair and taste. Owner will assist in the transition as needed but fully trained staff will stay. Please refer to listing number #16409282 and ask for Clay Bontrager when inquiring for more information on this Ethnic Restaurant for sale.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$770,000
Cash Flow:
$204,890
Cash Flow Type: Sellers Discretionary Cash
Inventory: $105,000
Seller Financing: Yes
About The Business
Year Established: 2004
Number of Employees: 6 - 9
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Will train 2 weeks at no cost.
Reason For Selling: Retirement.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 70080839
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