Great Restaurant with Full Liquor Bar! 15% Down SBA! Proven Concept!
Price: $470,000
Location: Port Charlotte
Industry: Full-Service Restaurants
Listing ID: 890700231
Listing Status: Under Contract
Franchise American Restaurant with Bar, fully staffed and absentee ran, 10,000 sq foot free-standing building with a fantastic rent of $9245. Serving comfort food with a full liquor bar. Sales are approx. 2 million dollars yearly and growing. Very reputable franchise with a full training program and support. Neighborhood place that has a loyal following and clientele. SBA eligible and E-2 Visa qualified.
Down Payment: $370,000
Cash Flow: $234,300
FFE: $130,000
FFE Included: Yes
Inventory: $1,500
Inventory Included: Yes
Year Established: 2017
Days & Hours of Operation: Mon-Sun
Owner Hours Per Week: 5
Managers: 2
Monthly Rent: $9,245
Square Footage: 10000
Franchise: Yes
Reason For Sale: Discuss with Seller
Training & Support: Seller will train for four weeks, at no cost
Financing/Terms: 100000 for 36 mos at 6%