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Elegant Historic Restaurant 02745

Live Oak, Florida (Suwannee County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

$Seller Financing Available

Asking Price $399,000 Inventory $3,000* 
Gross Income $340,648 Real Estate $400,000* 
Cash Flow $98,870 Year Established 1995
FF&E $40,000* Employees 5ft/11pt/1mgr

* included in the asking price

** not included in the asking price

UNIQUE RESTAURANT located in the heart of north Florida near intersection of I-10 and I-75. Built in 1896, is located in the historic Dowling House and eligible for listing on the NATIONAL HISTORIC REGISTRY! Restoration commenced in 1999 and completed in 2006. Seats 75 with three indoor dining rooms and outside dining on the screened-in porch. Lunch and dinner. Currently operated as a non-profit corporation. Local interest groups wish to see the upstairs converted to B & B. See listing No. 74702747. Please refer to Listing 747-02745 Broker Dan Younkins for more information or showing.

Facilities: 5000sqft/Historic House

Seller Financing Available: Yes

Financing: Seller will finance $ 249,000 for 60 months at 7%

Support/Training: Seller will provide 2 weeks training at no charge

Reason Selling: Retirement

Business For Sale By

Daniel Younkins

904-881-8600

Transworld Business Brokers

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