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Listed by:

Bateson Business Brokerage

Broker license number: 409024

Upscale Restaurant In Orlando, Florida For Sale

Orlando, Florida, US
Asking Price:
$500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$954,429
Cash Flow:
$338,852

Neighbourhood restaurant located in an upscale area.

This restaurant provides a new American cuisine that emphasizes seasonal dishes made from scratch, with daily Chef’s specials inspired by fresh local ingredients.

The customers can complement their meal with one of the carefully selected craft beers and wines.

This restaurant has a seating capacity of 43 and is in the process of expanding to receive a full liquor license.

The owners have been in the business for many years and would like to retire.

Property Information

Real Estate:

Lease

Lease Terms:

Ten year lease with an option to renew.

Leasehold Rent:

$72,000 per annum

Location:

This business is located on a very busy street in an upscale area.

Soon opening a full bar in the adjoining space.

Premises Details:

This business is located on a very busy street in an upscale area.

Soon opening a full bar in the adjoining space.

Business Operation

Expansion Potential:

The business is expanding the square footage which will increase revenues.

Competition / Market:

There is some competition, but this business has a loyal following.

Reasons for selling:

The owners are ready for retirement.

Trading hours:

Tuesday-Sunday 4 pm-11 pm.

Employees:
9
Years established:
2012

Other Information

Support & training:

The owner is willing to train for two weeks at no cost.

Furniture / Fixtures value:
$77,861 - included in the asking price
Inventory / Stock value:
$17,120 - included in the asking price

Listed by

Bateson Business Brokerage

Broker license number: 409024