Restaurant & Bar, Great Location, Seller Financed

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Listing ID: 700254182

Listing Title: Restaurant & Bar, Great Location, Seller Financed

Quick Link: http://www.globalbx.com/listing.asp?bId=254182

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: Florida

Area

City: Destin

Asking Price Range: $250K - $500K

Gross Revenues: $1,265,000

Cash Flow: $195,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2015

Number of Employees: 6 - 9

Business Description:
This unique restaurant & bar has a great location, visibility & concept with 1st class décor. The seller will provide long-term financing with 25% cash down. The business opened in March '15 and through October '15 has sales of $845,000...with an absentee owner. The seller owns one of the largest volume & most successful restaurants in the area. This restaurant has been totally re-constructed and is essentially brand new. It's open for breakfast, lunch & dinner and is an outstanding turnkey operation...a true ''sleeping giant'' of an investment. The facility occupies 2950 sq. ft., seats about 100 including the bar. Seating area & kitchen have been remodeled to new condition. The restaurant is located on the busiest hwy in the county, on a corner with ample parking. With its location, the business has the potential to be the leading breakfast venue in the area. Asking price: $425,000 850-418-0489



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