Multi-Location Well-Rated Restaurant in North Florida! (17807)
| Asking Price: | $775,000 |
| Gross Revenue: | $2,672,782 |
| EBITDA: | $186,000 |
| Established Year: | 1988 |
| Cash Flow: | $248,871 |
| Inventory: | $25,000 |
| FF&E: | $150,000 |
Boasting a strong, 30+ year history of popular dishes and success, listing situated in Northern Florida specializes in providing diverse menu items for breakfast, lunch, dinner and dessert courses. From the Eastern to Western FL coast, they are benefited by excellent franchise opportunities for the restaurant, if desired. For growth optimizations new ownership could also increase efforts for its quality catering services for social and corporate events throughout their neighboring and extended radius. Powered by strong commands in their industry, strategic assessments and revisions, business keeps multiple restaurant locations with office spacing. Even with rising labor costs and materials, Sales spiked 11.5% in 2022 to from $2.7 Million in the prior year, as Revenues totaled $2,672,782 in 2023 alongside $248,871 in Discretionary Earnings and an EBITDA of $186K, all in line with historical levels! No need to worry about the reputation, their online views stay above 4 stars with lots of new patrons referred. While boasting consistent positive reviews and great reputations, the experienced personnel of 48 nonunion employees are likely to remain post-sale, continue streamlined operations and aid new ownership as desired. With limited owner involvement needed, the sellers will remain for a standard transitioning allowing buyer flexibility to maintain or grow the business. Besides online engagement through their website, social media, internet ads and email programs, simple marketing efforts thrive on backing word of mouth referrals from their large and recurring customer base. Based on an independent evaluation!
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