Popular New Smyrna Beach Restaurant with RE
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 |
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.
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