1998 Established two landmark restaurants. The restaurants are conveniently located very close to Interstate 75
2-full operating restaurants with SRX liquor licenses, awesome and fully staffed, Seller is willing to stay on for a smooth transition
Within five miles, there are currently 4,000 homes under construction and 3,000 apartments.
Upgrades to the property include a New Event Center and ballroom to the existing two businesses, which is Under Construction
Plus, there are 60 parking lot additions, and currently, there are 60 additional spots under construction as well. All 3 businesses and projects are expected to generate in excess of 10 million dollars in yearly sales. To inquire about this business, please contact Transworld Business Brokers and refer to the refer to the reference file. Speak with Joe Di Bartolo. Thank you!
- Asking Price:
- $2,600,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $3,500,000
- Cash Flow:
- $950,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Monthly Rent- $18,500
square Feet- 15,000
Lease Expires- December 31st, 2033
- Leasehold Rent:
-
$18,500 per annum
- Size in square feet:
- 15,000
Business Operation
- Reasons for selling:
-
Retirement
- Trading hours:
-
Monday-Sunday12:00 PM-9:30 PM
- Employees:
- 32
- Years established:
- 27
Other Information
- Support & training:
-
Seller will train for two weeks at no cost
- Furniture / Fixtures value:
- $600,000 - included in the asking price
- Inventory / Stock value:
- $60,000 - included in the asking price
