Restaurant Has Best Location in Florida

Broward County, FL
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Asking Price:$2,100,000
Gross Revenue:$4,355,353
FF&E:$250,000
Cash Flow:$871,072
Inventory:$20,000
Established Year:1997
BUSINESS DESCRIPTION

Long-Time Established Restaurant with Semi-Absentee Owner

LOCATION! LOCATION! LOCATION! This restaurant has the best Location in all of Florida. Only steps away from the Ocean, this is the place everyone wants to be. With over 250 seats of Inside and Outside Dining they have been the most popular restaurant on the east coast of Florida for over 27 Years! Well known for their great food and friendly atmosphere, this restaurant consistently does over $4mm per year in sales. The seller is semi-absentee, and they have an excellent staff that handle all day-to-day operations. Restaurants like this never become available! Don't Miss This Opportunity!
This Florida based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With a local presence and global marketing reach, Transworld Business Advisors has provided main-street and lower middle market business owners and buyers with transaction expertise for over 40 years. For more information on this business for sale contact listing agent John Devries, 772 260-7647. Please refer to listing number 7301-503108.


DETAILED INFORMATION
Location
Broward County, FL
Inventory
Included in asking price
Employees
43
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease/Month: 55,000 Square Footage: 4,000 Building Type: PLAZA Terms & Options: 10 Years Plus Expiration Date: 1/1/2027
Competition
Non Compete : Miles: 5 Years: 2
Growth & Expansion
Excellent
Support & Training
Weeks Training: 1 Cost: $0
Reason for Selling
Other Interests
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John
Devries
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John Devries