Turn Key Established Restaurant for Sale With Over $700,000 Sales In 2

Leesburg, FL
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Asking Price:$350,000
Gross Revenue:$701,110
Established Year:2016
Cash Flow:$108,584
Rent:$2,825/Month
BUSINESS DESCRIPTION

Welcome to an exceptional opportunity where culinary excellence meets financial success. This well-established Turnkey Restaurant for Sale presents a lucrative investment opportunity, boasting a remarkable revenue exceeding $700,000 annually and a favorable owner benefit of $100,000. Whether you're an experienced owner/operator seeking to expand your portfolio or an E2 Visa candidate looking for a solid investment, this restaurant promises substantial returns and long-term viability.
Situated with direct visibility to a major bustling roadway, this Restaurant for Sale enjoys steady foot traffic and a loyal customer base. Spanning 4200 sq. ft., the restaurant offers ample space to accommodate up to 150 guests indoors, providing a welcoming atmosphere for patrons to indulge in delightful culinary experiences. An unfinished patio attached to the restaurant, accessible from the dining room, presents the perfect canvas for creating inviting outdoor seating, tapping into the growing demand for alfresco dining experiences. Equipped an 18-ft hood system and a grease trap, the restaurant ensures seamless operations, while its fully staffed team maintains efficiency and excellence in service.
This exceptional restaurant opportunity boasts several enticing features for further growth and enhanced customer experience. The Restaurant for Sale offered by We Sell Restaurants currently holds a beer/wine license, with the capacity for expansion with additional seating, facilitating the acquisition of a liquor license to further enhance revenue streams. Furthermore, the weekly live music nights hosted by the restaurant owner has become a beloved tradition among the local customer base, drawing in crowds and enhancing the overall ambiance. As a testament to the commitment to maintaining a strong online presence, the restaurant owner is willing to include their thriving social media page as part of the sale. With a substantial following and positive customer reviews, this social media platform serves as a valuable asset for continued engagement and marketing efforts, further solidifying the restaurant's position as a beloved dining destination.
One of the standout features of this Profitable Restaurant for Sale is the remarkably low rent, priced at just $2,825 per month. This advantageous lease agreement is secured through March 2029, with an additional 5-year option, with an outstanding annual increase of just $100 annually. Such favorable terms contribute to the business's exceptional financial performance and make it an attractive investment opportunity.
Don't miss out on the chance to own a thriving Restaurant for Sale with immense growth potential. Whether you're looking to capitalize on an established business or seeking a promising investment opportunity, this listing is sure to exceed expectations. Act now to seize this lucrative venture and embark on a journey of culinary success!
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DETAILED INFORMATION
Location
Leesburg, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,200
Lease Expiration
30/04/2029
Employees
8
Facilities
14 Booths 13 Tables 52 Chairs 5 Barstools Coffee Machine Soda Machine Ice Tea Machine Milkshake Machine 2 Beer Coolers 4 Tub Freezers 72-inch Sandwich Cooler 2 Deep Fry 3 Grills 1 Stove 1 Slicer 10 shelves Steamtable 3 Stainless Steel Tables 10x10 Walk In Cooler 10x8 Walk In Freezer 3 Computer Systems 18 ft. Hood System Waffle Machine Dishwasher Machine Two Trouble Stanley Steel Sink Two Single Wash Stainless Steel Sink One mop Sink Above ground Grease Trap 3-5 Ton AC Ice Machine Silverware Coffee Cups Soda Cups Beer and Wine Glasses
Competition
Located in a prime area with high foot traffic and visibility. Established reputation and loyal customer base within the community. Limited direct competition in the vicinity, providing
Growth & Expansion
Opportunity to increase revenue by obtaining a liquor license and expanding beverage offerings. Potential to enhance profitability through strategic marketing initiatives and promotions.
Support & Training
2 Weeks
Reason for Selling
Retirement
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Mel
Ferioli
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Mel Ferioli