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Breakfast And Lunch Place In Sunrise For Sale

Sunrise, Florida, US
Asking Price:
$125,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Available on request
Cash Flow:
Available on request

This is a warm “Mom and Pop” family restaurant, providing fresh homemade food at reasonable prices.

The 1,638 square foot establishment is located on a major east-west thoroughfare, with good visibility, easy access and lots of free parking. Spacious and inviting, customers come back time and again for the great service and fabulous food, as evidenced by excellent reviews on Google, Yelp and Facebook.

$70,000 down payment, $75,000 assumable SBA loan at $430/month for the good will, leasehold interest, all furniture, fixtures and equipment and all licenses for the operation of the business. If the SBA Note is not assumed, it will be satisfied from the proceeds of closing at $125,000 purchase price.

Note: This business has a “sister” location in Davie, also for sale.

Property Information

Real Estate:

Lease

Lease Terms:

Lease expires 1/31/24 with one five-year option. Current monthly base rent is $3412.50 with additional rent of approximately $1,500.

Leasehold Rent:

$40,950 per annum

Location:

Sunrise on a major east-west thoroughfare, with good visibility. Brand new high-density residential development across the street.

Premises Details:

Located in a major shopping center, with good visibility and plenty of parking.

Size in square feet:
1,638

Business Operation

Trading hours:

7:00 am to 2:00 pm Monday through Friday and 8:00 am to 2:00 pm Saturday and Sunday.

Employees:
10
Years established:
2

Other Information

Support & training:

Available

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$70,000 down payment and $75,000 assumable SBA PPP loan at approximately $430/month. Subject to buyer qualification to assume the SBA loan.

Furniture / Fixtures value:
$100,000 - included in the asking price
Inventory / Stock value:
$25,000 - included in the asking price
Related Documents:

Contact Pat Burnside Realty

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