39 yr. Restaurant Family Diner plus Real Estate included for sale. Rural/country area east of Bradenton FL on major traffic HWY. Owner getting up in age, travels much, needs to retire. 1.5 acres plus building and parking lot. Seats 150. Parks 50 paved spots plus large overflow grass area. American style food. Well loved spot for the locals. Buyer may keep the current concept or change it to a new concept. 30% down for qualified buyers bank financing for the RE, less a Seller note for the business.
- Asking Price:
- $799,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,101,824
- Cash Flow:
- $237,237
Property Information
- Real Estate:
-
Real Property Included
- Premises Details:
-
Well maintained older building. Roof & AC & parking lot in good shape.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Can bring in new energy, upgrades, menu, or keep it the same.
- Competition / Market:
-
Large rural farming population happy to have somewhere close to go out to eat.
- Reasons for selling:
-
Up in age -- ready to retire and pass it on to next owner.
- Trading hours:
-
Tues-Thurs 7am-2pm; Fri-Sat 7am-8pm; Sun 7-3pm
- Employees:
- 15 FT
- Years established:
- 39
Other Information
- Support & training:
-
Will train for 2 weeks @ $0 cost.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$169K down/$160K over 32 mos. @ 5%/Other Financing.
- Furniture / Fixtures value:
- $162,000 - included in the asking price
- Inventory / Stock value:
- $4,000 - included in the asking price
