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




Business Summary

Popular Steak and seafood restaurant that has thrived in Central Florida for almost 45 years. The restaurant serves breakfast, lunch and dinner in a busy area with high repeat customers. There is ample parking for the busiest season. This business sale will include a 4COP liquor license. The present owner is ready for retirement but will stay on to help mentor the new owner. There is more to this business than meets the eye. Must sit with owner to appreciate the full business. Asking Price $425,000. Call 239-940-9007 for more information.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,101,312
Cash Flow:   $288,132
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $55,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1970
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Lease

About The Sale

Management Training and Support:  As Needed
Reason For Selling:  Retirement




Print Listing Id: 700252773
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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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