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High Volume Jacksonville Landmark Restaurant. Semi Absentee! For Sale

Jacksonville, Florida, US
Asking Price:
$770,000 Furniture / Fixtures included
Sales Revenue:
$1,928,172
Cash Flow:
$239,168

Attention restaurateurs, entrepreneurs and folks that just like to make money! This unbelievable Jacksonville FL landmark restaurant and full bar can be yours!
This stunning restaurant made almost 2 million in sales in 2023 and the very semi absentee owner (10 hours a week) made close to $250,000 NET!
Featuring a large new kitchen and upscale furniture and equipment worth over $300,000, the price of only $770,000 is a bargain. Seller just spent $150,000 in October on new equipment! GREAT lease terms as well.
Seller would hold a note of up to 400K for the right buyer.
Facilities:
Beautiful and high end furniture, fixtures and equipment. Brand new restaurant equipment
Real Estate Available: No
Real Estate Included: No
Real Estate Description:
Very large space, ample parking

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Owner worked hours per week: 15
Market Competition: Well known landmark

Business Operation

Reasons for selling:

Retiring

Employees:
Full Time: 6, Part Time: 20
Years established:
19

Other Information

Support & training:

2 weeks at no cost

Financing available:

Downpayment Required: $375,000.00
Financing is available

Furniture / Fixtures value:
$250,000 - included in the asking price