Historic Downtown Restaurant & Bar/Busy Place
Price: $495,000
Location: East Central Florida
Industry: Full-Service Restaurants
Listing ID: 47819263
Listing Status:
Located in the midst of a small town with great retail attractions, good foot traffic and easy access parking. Historic dining and bar area, excellent lunch and dinner crowd. Excellent reviews for food and drinks, full bar. Beautiful covered patio for outside dining & Cocktails. Experienced staff in place, owner does not actively work in the establishment managerial duties only.
Down Payment: $300,000
Cash Flow: $166,532
FFE: $80,000
FFE Included: Yes
Inventory: $18,000
Inventory Included: Yes
Year Established: 2012
Days & Hours of Operation: 11 to 9 Tues thru Thurs. 11 to 10 Fri & Sat
Owner Hours Per Week: 20
Managers: 1
Monthly Rent: $3,920
Square Footage: 3000
Franchise: No
Reason For Sale: Discuss with Seller
Training & Support: Two Weeks following closing
Financing/Terms: $150,000 over 60 months at 7% to qualified buyers.