Homestyle family restaurant with property for sale. Business has a 5-decade reputation selling breakfast lunch and early dinners. Business has a classic Florida American menu including items like Chicken Pot Pie, Chicken Fried Steak, Burgers, Salads and much more. The real estate includes both the building and parking. Business also has a dedicated staff that allows the owner to maintain the restaurant with minimal supervision. Customers are mostly repeat customers with some coming in multiple times a week. Business also has over 2,000 online 5-star reviews. Business also has great books and records. The property included is valued at $700K. Buyers must sign nondisclosure prior to details.
- Asking Price:
- $2,300,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $2,276,712
- Cash Flow:
- $791,508
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
Central Florida
- Premises Details:
-
Restaurant has plenty of seating and parking. There is also a full kitchen and server prep station.
Business Operation
- Expansion Potential:
-
Seller does not do much marketing however the surrounding area continues to grow in population and as it grows so the sales at the restaurant. Over 2,000 5-star online reviews also help bring in new customers.
- Competition / Market:
-
Restaurant is one of the main dining attractions in the area.
- Reasons for selling:
-
Seller is looking to retire.
- Trading hours:
-
M-S
- Employees:
- 26
- Years established:
- 40
Other Information
- Support & training:
-
Seller will work with the buyer to make for a smooth and easy transition into the business.
- Financing available:
-
Some seller financing available in conjuction with bank financing.
- Furniture / Fixtures value:
- $85,000 - included in the asking price
- Inventory / Stock value:
- $20,000 - included in the asking price