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Retro Fifty Burger Restaurant For Sale

Port Saint Lucie, Florida, US
Asking Price:
$175,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$496,402
Cash Flow:
$72,771

Priced to sell: This is a Retro 50's Diner specializing in Burgers & Fries, Milk Shakes, and more. The basic atmosphere is very cool, old school 50's diner. The owners have had a successful 7+ years and now want to retire back to their home state. This location has been very successful due to the tremendous growth going on in the area. There are plans in place to widen the main road to four lanes, as well as rebranding the area “St. Lucie East”. Lots of residential blue collar new home growth going on to the demographic that this diner/burger joint caters to. The initial build out was from the ground floor up and well exceeded $250,000. Cash flow is there, it’s a great money maker. Owner just recently switched over from a Hwy 55 franchise to now being on their own. Of course, with not paying any royalties, their profits will go up by 6% automatically, and they will now have the freedom to add or remove different menu items. This place is prime for the taking!!!!!!!!

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: $4,713
Terms & Options: MTM
Expiration Date: 12/31/2021

Location:

Port Saint Lucie / St. Lucie County / Treasure Coast / Southeast Florida

Premises Details:

Building Type: Huge Strip Plaza
Square Footage: 2,547
Leasehold: $185,000

Business Operation

Reasons for selling:

Retirement

Trading hours:

Mon-Thurs 11-8
Fri-Sat 11-9
Closed Sundays

Employees:
13
Years established:
21

Franchise Information

Franchise opportunity:

Yes

Other Information

Support & training:

Seller will train buyer for two weeks at no cost to buyer

Furniture / Fixtures value:
$40,000 - included in the asking price
Inventory / Stock value:
$3,000 - included in the asking price

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