Established, fun and profitable franchise restaurant/bar for sale
Asking Price: | $585,000 |
Gross Revenue: | $2,000,000 |
Rent: | $8,900/Month |
Established Year: | 2010 |
Cash Flow: | $246,000 |
Inventory: | $25,000 |
FF&E: | $300,000 |
Solid management & staff in place, can be absentee-run earning 25-30%
This great location was built about 15 yrs ago at the cost of $760+k. Today it would cost $1.2 Mil to build. It has a solid following in an affluent area of Jacksonville FL it has grown in sales and profits through the years (50% since 2018) Recession and COVID proof. 2024 sales over last year. With a great staff in place, it can be operated as an absentee-owner or add $100k to the bottom line by running it as an owner-manager.
** Accepting all reasonable offers **
New kitchen equipment, bar & patio furnishings, new POS, TVs, projector screen, etc. make this a true turn-key operation.
Active bar, nights and weekends. Untapped potential to grow lunch, group sales and catering. Surrounded by schools, churches, businesses, hotels, and wealthy residents.
Retirement sale, will stay and train new owner to insure a smooth and seamless transition.
Selling by owner, No exclusive listing granted to brokers however will pay commission of 10% at closing to selling broker.
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