| Asking Price |
$1,350,000 | Inventory |
$39,292* |
|---|---|---|---|
| Gross Income |
$2,391,139 | Real Estate |
|
| Cash Flow |
$385,509 | Year Established | 1979 |
| FF&E |
$70,530* | Employees | 25 ft 18 pt |
* included in the asking price
** not included in the asking price
This business is considered an icon in the area. It has been in business for almost thirty years and has been consistantly profitable. The owner has other business interests in the area and is not active in the day to day operations. He is of retirement age and is ready to sell. The atmosphere is casual and the crowd is an interesting mixture of locals and tourists. It has indoor and outdoor seating and if you want a table, come early.
Facilities: This restaurant has been in business for over twenty-nine years and has a blend of locals and tourists for customers. It has an excellent location and parking is available. It is open seven days a week and has live entertainment on Friday, Saturday and Sunday. The business has been consistantly profitable and has a 4 COP license. The current owner is not active and an owner/operator would add to the profitability. The lease is held by the restaurant owner and is very attractive.
Competition: This is a unique business with a one of a kind location and reputation.
Growth/Expansion: Other restaurants are struggling while this one is steady and continuously profitable.
Support/Training: The owner will spend two weeks with the new owner and the current management is willing to stay.
Reason Selling: Owner is ready to retire.

Jerry Mitchell
904 356 9887
WestBay Business Brokers
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