SW Florida Restaurant with Real Estate - Sarasota/Manatee

Manatee County, FL

Seller Financing Available

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Asking Price:$3,900,000
Gross Revenue:$1,621,726
FF&E:$30,000
Established Year:2001
Cash Flow:$238,984
Inventory:$24,000
Real Estate:$3,000,000
BUSINESS DESCRIPTION

Real Estate Included!

This is 1 of 2 restaurants. The restaurants can be sold individually or as a group. Both restaurants are selling the business with the real estate. However there is a 3rd restaurant bearing the same name being sold directly by the owner, also with real estate. This owner is open to a group sale or individual sale (they are all family related). All details will be provided.

Important: All three businesses had a professional evaluation performed by a third party business appraisal company which guided the asking price for the business (not the real estate) and a final evaluation valid and qualified for SBA loans if desired by a prospective buyer. This is one of the restaurants. An NDA will be emailed to you separately and proof of funds will be required.


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Manatee County, FL
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
5,026
Employees
22
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Self standing on 2.018 acres with plenty of parking OR a secondary use
Competition
A local favorite for breakfast and lunch
Growth & Expansion
A new owner will bring new ideas and thoughts. Current owner works 30 hours per week
Financing
Seller financing $450,000 and SBA $2,400,000
Support & Training
4 weeks of training at no cost
Reason for Selling
Retiring
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