Popular Latin Restaurant/Bar in Anchored Orlando Plaza
Price: $300,000
Location: Orlando
Industry: Full-Service Restaurants
Listing ID: 75600158
Listing Status: New
Description
This popular family-style, Latin restaurant is located off of a high-traffic, arterial roadway in an anchored plaza with multiple, national brands. Over 1,200 reviews on Google and 4.1 stars! The more than 4,000 square feet includes a full bar and 150 seats.. Food is ~85% of revenue with liquor being the other ~15%; the lease permits no more than 30% of revenue in liquor sales. Large kitchen with 16-burners and 4 fryers among other equipment. Online ordering is available, though there is no 3rd party delivery in place currently. Live music is offered on special holidays, but this could be expanded. Additionally, implemented advertising efforts could help with growth. Concept could be changed if desired. Seller-financing offered at Seller's sole discretion. More info available with NDA and PFS.
LISTING DETAILS
Down Payment: $234,000
Total Sales: $852,084
Cash Flow: $86,833
FFE: $160,000
FFE Included: Yes
Inventory: $5,000
Inventory Included: Yes
Operation
Year Established: 2016
Days & Hours of Operation: Tuesday-Sunday
Owner Hours Per Week: 40
Location
Monthly Rent: $8,912
Square Footage: 4210
Franchise: No
Summary
Reason For Sale: Discuss with Seller
Training & Support: 2 weeks, no cost
Financing/Terms: 75% down ($234,000) with remainder financed for 60 months at 7%
For more information on this listing, please complete our Non-Disclosure Agreement
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