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BUSINESS FOR SALE Listing Profile # 95110020

Restaurants|Breakfast Lunch
Exclusive Island SW FL

Asking Price: $685,000   Down Payment: $340,000  
Gross Revenue: $704,691   Adj. Cash Flow*: $236,428  

Executive Summary
33 yrs established Breakfast & lunch, present owner 11 yrs. located in a full busy outdoor plaza on an exclusive Island of the West Coast of Fl, serves breakfast and lunch, could extend the hours during the season and serve dinner, seats 80, has beer & wine license, fully staffed, 2016 sales should be higher than 2015 if the restaurant did not close for 3 month due to a fire, it was completely remodeled, loaded with equipment, 16' hood. Call listing agent for an explanation of 2016 financials.

Business Highlights

  • Training Information:  2 weeks
  • This business is not a franchise

Business and Asset Information (estimated fair market value)

Established in: 1985 Inventory: $20,000 Included
Employees: 4 FT, 8 PT , 1 Mgrs Furniture, Fixtures & Equipment: $57,752 Included
Lease/Rent: $6,978 Real Estate:
Building Sq Ft: 1200
    Total Assets Included in Sale: $103,752
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Charbel Abinajem
Phone: 
Other:  (239) 340-3582
E-mail:  charbel@truforte.com
Truforte Business Group
9998 Colonial Walk South
Ft. Myers, FL 33966
The above company and/or agent is a licensed real estate broker/and or a business broker.

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