Restaurant Minutes from University!
Location: Gainesville, FL
Industry: Full-Service Restaurants
Listing ID: 75600076
Listing Status: New
This restaurant is in a highly-desirable, high-traffic location in Gainsville--keep the current concept or bring your own. 4.8 stars on Google, and the business is growing off of word-of-mouth; there is a constant customer flow not dependent on university/students. Implement direct advertising and continue growing the business. Dine-in has increased to roughly 80% of the revenue with other 20% being delivery (third-party). Average ticket price $35-$40/person. Sellers invested over $60k to redo plumbing, AC, and improve build-out 3 years ago. 2022 financials based on Q1 2022 P&L. Contact Agent for NDA and more info.
Down Payment: $109,000
Cash Flow: $121,842
FFE Included: Yes
Inventory Included: Yes
Days & Hours of Operation: Tuesday-Saturday
Owner Hours Per Week: 60
Monthly Rent: $2,183
Square Footage: 1200
Reason For Sale: Discuss with seller.
Discuss with seller.
Training & Support: Owner will train for 2 weeks, no cost.
Owner will train for 2 weeks, no cost.