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- RE: Indian River County Restaurant And Bar For Sale Earnings $110,000
- Contact: Not Disclosed
Quick Facts
Asking Price: | $329,000 | |
Annual Revenue: | $541,790 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $110,317 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $0 | |
Year Established: | 2011 | |
Employees: | 6 | |
BBN Listing #: | 983018 | |
Broker Reference #: | 18910 |
Business Overview:
Neighborhood Restaurant and Bar for Sale in Indian River County. This long-standing well-established bar and grill is being offered for $329,000. Owner benefit reaches over $110,000. Low rent with a strong customer base makes this a no brainer for the seasoned restaurateur or the first-time restaurant buyer. Current owner will train for 2 weeks to get you off on the right foot. Step into this opportunity and have 2 days off a week unless you decide to capitalize and open those extra days. Limited hours make for great quality of life with the opportunity to expand if you choose. Rent is only $2600 a month and there is 1 1/2 years left on current lease with a 5-year option on top of that. Plenty of time to make your investment back and opportunity to extend terms beyond that are available. This Restaurant and Bar for Sale location is only 1200 sq ft producing over $500,000 in sales. Perfect size for cleaning and closing when the time comes to shut it down. Easy operation with a restaurant this size. Beer and wine license in place and will transfer to new owner. Menu includes typical bar and grill favorites like great burgers and sandwiches. Guest reviews are very good for this Restaurant and Bar for Sale. The hard work has already been done. Current owner is ready to sell for health reasons but wishes to leave this gem in the right hands. This is also a great opportunity for the right buyer looking for an E2 Visa opportunity. If this sounds like you, sign the Confidentiality Acknowledgement at We Sell Restaurants and get more info on this successful neighborhood bar and grill. This well-established restaurant has been in place for more than a decade and will continue on with the right buyer. You will not be disappointed when you take a closer look at this neighborhood eatery. Stop looking and start clicking to get more info. By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
double fryer 2 door True cooler Freezer 3 comp sink panini press crock pot 2 burner grill sandwich prep cooler microwave scales and smallwares multiple TV's 8 head keg setup wine cooler 45 seats including boothsMarket Competition and Expansion:
Established restaurant with very loyal followingAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Florida businesses for sale
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