Saved the best (and most fun) for last

Brandon, FL
Fun. People. Success!
Asking Price:$1,600,000
Gross Revenue:$2,553,675
EBITDA:$481,769
Established Year:2023
Cash Flow:$551,769
Inventory:$10,000
FF&E:$120,000
BUSINESS DESCRIPTION

Geat Records. Seller Financing with 50% down

This is the last of four. Once it's gone it's gone.

After several decades, and selling off three others, this highly accomplished restaurant developer and operator is ready to retire.

Will consider 35% seller financing depending on the deal.

Do you have a great people skills? Seriously. This is not one to consider for you, if you're not a good people person. It's important that the culture be maintained. To retain the people working there, employees must continue to have a good experience. Employee happiness results in customers satisfaction and returning to this establishment time and again.

Have you worked in the industry? Even if you only have a little restaurant experience, owner will provide training.

Do the sensitivity of this business, seller insists on a signed nondisclosure, photo ID, and evidence of funds in the bank or 401(k) to acquire this business. Please acknowledge upfront if you're a competitor. Owner will review each nondisclosure agreement before giving permission to this firm for revealing the identity and location of this business. We will do our best to also help you with your needs, work to make sure you've got a good lease, and get you access to data information and even a private meeting with the owner.

Great staff in place. They have Management in the front of the house and in the back of the house. The owner initially managed the business in detail, but has since hired managers to allow him to take off weeks, even a full month or more at a time. The new owner will probably want to capture some of the expense that goes to the extra amount of management that this owner has in there. We have factored in $100,000 of salary that would go to sellers’ discretion earnings for a full-time working owner. That is not the situation for the current owner now.

Amazing systems and processes and marketing programs to keep this business growing.

Super hot location. New growth everywhere.


DETAILED INFORMATION
Location
Brandon, FL
Inventory
Not Included in asking price
Real Estate
Leased
Employees
52
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This place is beautiful. Fun place with live entertainment. If you like entertainment, happy people, it's a beautiful location, maybe this is for you.
Competition
This is a hot market. There's a reasonable and normal amount of competition. But this business stands well above the community of competitors. Restaurants are always around. But this one stands out from the crowd.
Growth & Expansion
In 2024, they've already launched a new catering program. They expect this will add $200,000-$300,000 to the top line. This should be very profitable. In the past, they often received catering requests. It's taking off extremely well. So you should have the advantage of this new program as well. We have several other concepts and ideas to share and will help the new successful owner get moving.
Support & Training
The owner is excited about finding a new replacement for the last of these restaurants. As mentioned before, people persons only, and some understanding of the restaurant industry is important. Training will be provided.
Reason for Selling
Retiring.
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Brian
Stephens
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Brian Stephens