Turnkey Profitable Restaurant And Bar
Not Disclosed, FL Okaloosa County
Panhandle
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- RE: Turnkey Profitable Restaurant And Bar
- Contact: Michele Pouliot
Quick Facts
| Asking Price: | $400,000 | |
| Annual Revenue: | $1,058,651 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $149,863 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $285,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2006 | |
| Employees: | 15 | |
| BBN Listing #: | 984103 | |
| Broker Reference #: | 1051-18708 |
Business Overview:
This profitable restaurant and bar are the perfect place to unwind, watch a game (14 TV’s), or just have a nice dinner with the family. They have indoor and outdoor seating with a patio bar. The business is located on a main highway (with 80,000 drivers daily) in a tourist town and busy year-round. Fully staffed.
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Property Features and Assets:
5 year lease with 5 year option. The facility is comprised of two spaces to equal about 4,800 sq. ft. In addition, there is outdoor seating and patio bar.
Assets = $300,000
Market Competition and Expansion:
This restaurant is located on a very busy main street with easy parking. Location, Location, Location.
This business would grow with more social media and advertising.
Reason for Selling:
Personal Reasons.Additional 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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