Fine Dining Restaurant

Florida
Asking Price:$850,000
Gross Revenue:$1,773,880
FF&E:$100,000
Cash Flow:$231,553
Inventory:$75,000
Established Year:1990
BUSINESS DESCRIPTION

Award-winning fine dining establishment offered for sale

An award-winning fine dining lunch and dinner restaurant, located in a quaint central Florida community with boutique shopping and entertainment venues. The restaurant has been in operation for 30 years and has an excellent reputation. There is ample municipal parking and many attractions close by. Seating capacity is 100 dining room seats, 50 exterior courtyard and patio seats, and 24 private room seats. Lease is negotiable. The seller is the landlord.
A rare opportunity to own an award-winning fine dining establishment of this caliber.


DETAILED INFORMATION
Location
Florida
Inventory
Included in asking price
Employees
22
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The sale will include approximately $75,000.00 worth of inventory and approximately $100,000.00 in furniture and fixtures, including fully equipped kitchen, dishware, glassware, silverware, and furnished dining rooms and bar area. Completely outfitted and ready to go. Qualifies for a 4 COP SRX/SFS license.
Competition
This Restaurant is recognized as one of the best in the State of Florida. It enjoys a strong reputation and a loyal following. While there are other fine dining restaurants in the region, this establishment is recognized as the cream of the crop.
Growth & Expansion
The owner focuses on the fine dining experience. However, he has seen demand for take-out service for those who want to experience fine cuisine in the comfort of their own home, and they have seen demand for catering service for the customer who wants a catered fine dining event. The owner believes both expanded take-out service and catering are viable streams of additional revenue.
Support & Training
The owner is able to provide training and assist with the transition of ownership. The length and terms of the support and training is negotiable.
Reason for Selling
The Owner is looking to retire from the business.
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Douglas Cabral
Douglas Cabral