1998 Established 2- Landmark Restaurants
Nokomis, FL Sarasota County
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- RE: 1998 Established 2- Landmark Restaurants
- Contact: Joe DiBartolo
Quick Facts
| Asking Price: | $2,600,000 | |
| Annual Revenue: | $3,500,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $950,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $600,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1998 | |
| Employees: | 32 | |
| BBN Listing #: | 954374 | |
| Broker Reference #: | 3353342984 |
Business Overview:
1998 Established 2- landmark restaurants. The restaurants are conveniently located very close to Interstate 75
2-full operating restaurants with SRX liquor licenses ,Awesome and fully staffed, Seller is willing to stay on for a smooth transition
With in five miles there are currently 4,000 homes under construction and 3,000 apartments..
Upgrades to the property include a New Event Center and ballroom to the existing 2- Businesses which is Under Construction
Plus 60 parking lot addition and currently there are 60 additional spots under construction as well All 3 business and project is expected to generate in excess of 10 million dollars in yearly sales.
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Property Features and Assets:
Leased Location
Monthly Rent: $18,500
Lease Expires December 31, 2034
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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