Popular New Smyrna Beach Restaurant with RE

Volusia County, FL
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Asking Price:$2,100,000
Gross Revenue:$3,040,591
FF&E:$100,000
Established Year:2018
Cash Flow:$531,432
Inventory:$20,000
Real Estate:$1,036,000
BUSINESS DESCRIPTION

A popular and successful restaurant in New Smyrna Beach, Florida, has been thriving for six years, renowned for its excellent service, inviting atmosphere, and freshly made food from its from-scratch kitchen. The team, with a combined 35 years of experience in cooking and restaurant operations, ensures that every order is made fresh. The restaurant is currently run by the seller, who works 30-40 hours per week managing, banking, accounting, specials, and scheduling. With an experienced staff in place, a smooth transition for new ownership is assured. Located half a block from 400 apartments, the business benefits from a steady flow of customers. The asking price includes $1,036,000 of real estate, so the lender is offering a full 25 year amortization! The financials do not account for occupancy. Please refer to listing 7101351721 and a Bianca Evans.


DETAILED INFORMATION
Location
Volusia County, FL
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Employees
50
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Other Financing Amount $2,107,500.00 Interest 10% Months 300
Support & Training
Seller will train for 2 weeks at no cost
Reason for Selling
Other
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Bianca
Evans
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Bianca Evans