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Turnkey Restaurant Opportunity With Re–seller Financing Available For Sale

Sarasota County, Florida, US
Asking Price:
$2,299,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,453,790
Cash Flow:
$250,693

Whether you're an experienced restaurateur or looking for your first venture, this opportunity is NOT TO BE MISSED.

The restaurant has an extensive base of loyal local and seasonal customers who enjoy great music from local, regional, and national bands, good food, and fantastic people-watching, all while enjoying a welcoming vibe.

It features indoor and outdoor seating with a memorable courtyard dining experience perfect for first dates, older couples, families, or singles just wanting a night out.

Real property is included in the asking price, with the option to either BUY or LEASE TO OWN the real estate. A recent appraisal valued the real estate at over $1.6M, and the business consistently produces over $1.4M annually with limited operating hours.

Financials are clear and concise. Owner financing is available for qualified buyers, and restaurateurs who have equity and experience may qualify for SBA financing.

IMPORTANT NOTICE: This is an operating business being offered for sale CONFIDENTIALLY. Interested parties MUST complete a Confidentiality Agreement (NDA) and provide a Personal Financial Statement (PFS) before specific information, including the business name and location, will be disclosed.

Listing 924-36206

Property Information

Real Estate:

Real Property Included

Location:

Stand Alone Building

Premises Details:

Real Estate Included in Price: $1,600,000

Size in square feet:
6,948

Business Operation

Reasons for selling:

Retirement

Employees:
16 PT 3 MGR
Years established:
17

Other Information

Support & training:

Weeks Training: 2 Cost: $0

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner financing & possible SBA for qualified buyers - see business description

Furniture / Fixtures value:
$88,000 - included in the asking price
Inventory / Stock value:
$5,000 - included in the asking price