Perkins Restaurant for Sale! Just $70,000 and $1.4 Million in Sales!

Fort Pierce, FL
listing image
Asking Price:$70,000
Rent:$8,600/Month
Gross Revenue:$1,422,086
Established Year:1993
BUSINESS DESCRIPTION

Established Perkins Restaurant for Sale in Port St. Lucie. Over $1.4 Million in Sales last 12 months, great location, low rent, Seller willing to pay the $40,000 training fee that is charged by Perkins and will pay half of the $10,000 transfer fee. He's ready to retire and offering this unbelievable deal to the first qualified buyer ready to step in and take over this existing Perkins with a a long history. This is a great turnaround opportunity that needs a new owner to manage expenses and build the business. Get in now before season starts to capitalize on this great opportunity.
This freestanding 5000 sq foot building is located right on US1 and only cost $8600 a month for rent fixed for the next 5 years. Current lease allows for ownership for the next 15 years. Giving the buyer of this Perkins Restaurant for Sale plenty of time to cash in on this great opportunity. Tons of parking and great visibility from the street combine to make this a great opportunity for any buyer. Over 180 seats available inside including tables and booths for the discerning guest. This is a very rare opportunity to own a business like this for only $70,000. There is great opportunity to grow this business with an involved owner/operator that is on site and building relationships with the people of Port St Lucie.
Port St Lucie, home to this Restaurant for Sale is one of the fastest growing cities in the US. Small town feel with all the amenities of a bigger city. Known as one of the more affordable areas to live in south Florida. This location is only a few short miles from the beach. Making this a destination year round for people to visit. Hutchinson Island just over the bridges brings seasonal and full time residents as well as vacation goers alike. Contact We Sell Restaurants today to see how easy it is to become the newest owner of this Restaurant!
Buyer must qualify financially with Perkins, but for the right buyer, this will be the easiest step. Don't miss this chance to own a business that did over 1.4 million last year, 1.7 million the year before with a rent of $7800, tons of parking and great visibility. Take advantage of this now before the deal is gone. Stop searching and start clicking for more info!
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DETAILED INFORMATION
Location
Fort Pierce, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,000
Lease Expiration
31/10/2029
Employees
24
Facilities
4 deep fryers 2 Atosa Pizza Coolers 1 beverage air cooler Walk in cooler Walk in Freezer beverage air mini cooler 4 Southbend baking ovens Newer ice machine 3 accutemp flat top grills Flat top grill 185 seats including booths and tables Micros POS system
Competition
Great visibility directly on US1
Growth & Expansion
Opportunity for hands on owner to build the business and capitalize on low rent.
Support & Training
Provided by franchisor and paid for by seller
Reason for Selling
Retirement
Franchise
This business is an established franchise
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Ted
Tallman
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Ted Tallman