Absolute iconic LANDMARK restaurant and retail business ESTABLISHED 44 YEARS now offered EXCLUSIVELY FOR SALE including the opportunity to BUY or LEASE the REAL ESTATE! These are well-known and PROFITABLE money makers available as the Seller is RETIRING. LENDER PRE-QUALIFIED with 10% to 20% down for the business only or 10% to 20% down of the total project cost for the business and real estate. The project cost includes the price, closing costs, loan fees, working capital and final monthly payment to be determined, subject to underwriting. Don't miss this once-in-a-lifetime chance to acquire this successful legal BUSINESS with real property in a GREAT LOCATION. The price of $3.1 million above includes the business at $1,750,000 and the real estate at $1,350,000. BUYERS must PRE-QUALIFY FINANCIALLY by submitting a proof of funds or other acceptable indication of financial capability to complete a transaction. EXCELLENT OPPORTUNITY!
- Asking Price:
- $3,100,000
- Sales Revenue:
- $4,686,090
- Cash Flow:
- $642,785
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
Martin County. Stuart area, Treasure Coast
- Premises Details:
-
Real Estate for Sale or Lease.
4,108+/- sq. ft. freestanding building.
Buy for $1,350,000 or Lease for
monthly rent of approximatly $12,678.82
5 Year Lease with 5 year option available.
- Size in square feet:
- 4,108
Business Operation
- Expansion Potential:
-
Opportunity available to add a second store.
- Reasons for selling:
-
Retirement after 44 successful years.
- Trading hours:
-
Restaurant 11-8 daily /Retail 10-6 daily & 10-5 Sunday
- Employees:
- 65
- Years established:
- 44
Other Information
- Support & training:
-
Seller will train for 2 weeks at no cost to Buyer and consult thereafter.
- Financing available:
-
SBA Lender pre-qualified by multiple lenders.
- Furniture / Fixtures value:
- $312,266
- Inventory / Stock value:
- $75,000
