Specialty Restaurant, bar with 4 COP license, bakery and market
Price: $585,000
Location: Palm Coast Parkway
Industry: Restaurants and Other Eating Places
Listing ID: 47819250
Listing Status: New
Description
Specialty restaurant, bakery and market on one side of the facility and a bar on the other side. Both have their own entranceway. The bar is not open except for catering or special events but is completely set up and ready to accept customers. There is a walk through from the bar to the restaurant, bakery and market which basically is only open for lunch and serves food of their culture. Many good reviews. Nicely furnished. Lots of possibilities to increase the cash flow. It's like getting two businesses for the price of one. The business is a must see. This is an asset sale because the Sellers financials are low due to being only open for lunch. Great opportunity.
LISTING DETAILS
Down Payment: $347,500
Total Sales: N/A
Cash Flow: N/A
Accounts Receivable: N/A
Accounts Receivable Included: No
FFE: $200,000
FFE Included: Yes
Inventory: $50,000
Inventory Included: Yes
Operation
Year Established: 2006
Days & Hours of Operation: Mon - Fri & Sun 10am-6pm Saturday Closed
Owner Hours Per Week: 30
Managers: 1
Location
Real Estate Included: No
Monthly Rent: $1,941
Square Footage: 4000
Franchise: No
Summary
Reason For Sale: Ask Seller
Training & Support: Seller will train for 14 days without compensation.
Financing/Terms: Seller will finance the balance of $347,500.00 for 60 months @ 9% Interest rate.
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