National Franchise! Great Location! Absentee! Full liquor!

Port Charlotte, FL

Seller Financing Available

Booming area!
Asking Price:$470,000
Gross Revenue:$1,853,592
Rent:$9,245
Established Year:2016
Cash Flow:$234,300
Inventory:$20,000
FF&E:$400,000
BUSINESS DESCRIPTION

Absentee!

Franchise American restaurant with bar, fully staffed and absentee ran. 10,000 sq foot free-standing building with a fantastic rent of $9,245. Serving comfort food with a full liquor bar. Sales are approx. 2 million dollars yearly and growing. It is a very reputable franchise with a full training program and support. Neighborhood place that has a loyal following and clientele. SBA eligible and E-2 Visa qualified.


DETAILED INFORMATION
Location
Port Charlotte, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
10,000
Lease Expiration
28/02/2030
Employees
25
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Asset list will be provided upon request
Competition
Casual, comfort food with live music. Is the only place in the area with this offering
Growth & Expansion
The area is expanding with new construction, adding more social media, catering, and adding some 3rd party delivery services
Financing
50% down, $100,000 financed for 36 mos at 6%
Support & Training
30 days training, no cost
Reason for Selling
Discuss with Seller
Franchise
This business is an established franchise
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Demetri
Jim Venetos
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Demetri Jim Venetos