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Asking Price$850,000
Revenue$1,845,046 EstablishedUndisclosed
Cash Flow$310,570 Employees15 full-time
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Business Price:  $850,000
2018 Revenue: $1,845,046
2018 Operating Profit: $310,570

Summary Description: This bar and restaurant is well established with superior management in place allowing the owner to be mostly absentee.  Its inviting warm, friendly ambiance attracts repeat and new customers.  The menu offers popular choices at affordable prices.

The restaurant sees year over year growth.  The revenue compound annual growth rate (CAGR) for the past three years (2016-2018) is approximately 8.5%; operating profit CAGR for the same period is approximately 9.5%.

2019 Annualized Revenue as of September 30:  $1,915,697
2019 Annualized Operating Profit as of September 30:  $341,452

Qualified buyers with restaurant experience preferred.
Facilities:Location! Location! Provides for a desirable and highly visible gathering place in a quaint, historical, coastal Florida city.
Growth Potential:The Restaurant has had 10 years of year over year growth even through the recession.
Training/Support:Will be provided by the seller.
Sale Reason:To spend more time with family.
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Contact This Seller
William Gibson
Gibson and Associates, Inc.
850-432-0808
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