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Listed by:

Boss Group International LLC

Broker license number: SL3525070

Profitable Restaurant With Over $1m In Gross Sales For Sale

Winter Park, Florida, US
Asking Price:
$450,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,232,737
Cash Flow:
$255,027

**SBA LENDER PRE-QUALIFIED**

Thriving Mediterranean/American fast casual restaurant that consistently generates annual sales in excess of $1M.

The business is located in the beautiful Winter Park area close to Orlando, positioned on a busy road that has daily passing traffic of over 33,000 vehicles. The restaurant has been in operation since 2015 and is fully equipped and turn-key ready with a strong lease in place.

The business has an excellent reputation, with great online reviews, and is supported by a loyal customer base that includes a number of nearby businesses, offices, and a medical center. There is parking outside of the restaurant and indoor seating available.

There are 13 staff, including five shift managers. The current owner is looking to retire for health reasons but has had a consistent owner benefit of over $200k for the past several years.

With an established track record and experienced staff in place, this business should easily qualify for an E2 visa.

SBA Financing Scenario:

Buyer Down Payment of $50,500
Loan Term: 10 Years, 5 years fixed rate
Rate: P + 1% (9.50% present rate)
Monthly Loan Payment: $5,822.89

Small Business Administration financing is subject to the qualification of individual buyers. This business has not been directly reviewed by the SBA.

Property Information

Real Estate:

Lease

Lease Terms:

Negotiable

Size in square feet:
2,000

Business Operation

Reasons for selling:

Health issues

Trading hours:

Daily 11am-9pm

Employees:
13
Years established:
9

Other Information

Support & training:

Two weeks at no cost to buyer

Furniture / Fixtures value:
$75,000 - included in the asking price
Inventory / Stock value:
$5,000 - included in the asking price

Listed by

Boss Group International LLC

Broker license number: SL3525070