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1998 Established 2- landmark Restaurants

Sarasota County, FL
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Asking Price:$2,600,000
Gross Revenue:$3,500,000
Rent:$18,500
Established Year:1998
Cash Flow:$950,000
Inventory:$60,000
FF&E:$600,000
Listing ID: 2257490Listing provided by BizBuySell
BUSINESS DESCRIPTION

2- landmark Restaurants

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. To inquire about this business please contact Transworld Business Brokers and reference file number 3353-342984 and speak with Joe Di Bartolo. Thank you!

DETAILED INFORMATION
Location
Sarasota County, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
15,000
Lease Expiration
31/12/2034
Employees
32
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Business Location is: Leased Type of Location: Strip Center Facilities: Retail Monthly Rent: $18,500.00 Square Units (Foot, Meter): 15,000 Lease Expiration Date: December 31, 2034, 12:00:00 AM Terms Options: 2-5 Years
Support & Training
Seller will train for 4 weeks at $0 cost.
Reason for Selling
Retiring
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Di Bartolo
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Joe Di Bartolo
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