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- RE: Popular New Smyrna Beach Restaurant With RE
- Contact: Bianca Evans
Quick Facts
Asking Price: | $2,100,000 | |
Annual Revenue: | $3,040,581 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $531,432 | |
Total Debt: | Not Disclosed | |
FF&E: | $100,000 | |
Real Estate: | $1,036,000 | |
Year Established: | 2018 | |
Employees: | 50 | |
BBN Listing #: | 954943 | |
Broker Reference #: | 7101351721 |
Business Overview:
A popular and successful restaurant in New Smyrna Beach, Florida, has been thriving for six years, renowned for its excellent service, inviting atmosphere, and freshly made food from its from-scratch kitchen. The team, with a combined 35 years of experience in cooking and restaurant operations, ensures that every order is made fresh. The restaurant is currently run by the seller, who works 30-40 hours per week managing, banking, accounting, specials, and scheduling. With an experienced staff in place, a smooth transition for new ownership is assured. Located half a block from 400 apartments, the business benefits from a steady flow of customers. The asking price includes $1,036,000 of real estate, so the lender is offering a full 25 year amortization! The financials do not account for occupancy. Please refer to listing 7101351721 and a Bianca Evans.
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Reason for Selling:
OtherAdditional Details:
- The property is owned.
- 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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