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- RE: Caribbean Restaurant - Nice, New Build Out!
- Contact: Michael Floorman
- License #: 1160661
Quick Facts
Asking Price: | $125,000 | |
Annual Revenue: | $338,861 | |
Net Profit: | $83,255 | |
Cash Flow: | $83,255 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2020 | |
Employees: | 3 | |
BBN Listing #: | 950509 | |
Broker Reference #: | 11394 |
Business Overview:
Situated in a high-traffic location, this restaurant offers a unique dining experience and exceptional customer service. With a strong reputation for quality and consistency, it attracts a loyal clientele and new visitors alike. 1,300 square feet space with indoor seating for 24 and a huge parking lot for easy access. Opened in 2020, the sellers have family commitments that require they pass the torch on to a new owner. Nice build out complete (at $240,000 cost) and all the equipment you’ll need. Currently only operating 5 days a week, room for increasing revenue by extending hours and adding beer/wine to the menu. Can keep this concept or go with another of your choosing. 11394
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Property Features and Assets:
The current lease will expire on 11/1/2024, Rent $2,604, Square Feet 1,322,
Hours Monday through Thursday from 10:30 am to 7:30 pm, Sunday 10:30 am to 5:30 pm, Closed Friday and Saturday
Reason for Selling:
Family commitmentsAdditional 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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