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Asking Price$2,650,000
Revenue$1,273,776 Established1998
Cash Flow$343,134 Employees10 full, 5 part
FF&E$217,000* FranchiseNo
Inventory$17,000* RelocatableNo
Real Estate$2,100,000* Home-basedNo
* Included in Asking Price
This jewel of a restaurant is in the heart of St. Augustine. Sale includes Real Estate. Sales revenue is steadily growing. Unique opportunity to extend seating capacity which is almost impossible to find downtown. Inside and outside dining as well as separate banquet room. Perfect restaurant for experienced owner looking to relocate to sunny Florida. Currently B&W only but SRX license possible. All this in a town which has a similar amount of visitors like the Grand Canyon! Numbers show manager in place. This business is fully pre-approved for financing with 2 Nationally leading lenders.
Facilities:Single Standing Building
Growth Potential:Huge, only piece of property available downtown to build out!
Training/Support:2 weeks
Sale Reason:Retirement
Ad #80234
Seller Reference #117030172
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Contact This Seller
Beat Stauble
The Ventura Group of Florida, Inc.
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