Restaurant/Catering For Sale

Leon County, FL

Restaurant/Catering For Sale

Asking Price:$525,000

Cash Flow:$104,160

Gross Revenue:$311,078




Real Estate:$280,000


Restaurant/Catering For Sale

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Business Description

RESTAURANT IN HISTORIC NORTH FLORIDA RESIDENCE FOR SALE! Very unique full service restaurant with catering, carry-out and special events venue. Located in a quaint North Florida community. Price includes extremely well equipped restaurant and on-going businesses in an expertly restored 2,760 sq. ft. 93 year old historic residence. Plus a beautiful gazebo and two utilitarian storage barns all on 1.48 landscaped acres. This is a one-of-a-kind restaurant which has multi-functional uses by loyal customers throughout the region. Restaurant and Real Estate included in the price.

Detailed Information

Included in asking price
Real Estate:
Included in asking price
Building Sq. Ft.:
2 FT/15 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
This is truly a one-of-a-kind restaurant! Located in a quaint community just 30 minutes from the State Capital. Housed in a renovated 1922 historic home on a major east/west highway, the interior is cozy yet spacious enough to easily serve 70 at a sitting or up to 180 for an event. The 1.48 acres on which this 2,760 sq. ft. restaurant is located are landscaped and feature a classic gazebo for special occasions. Two storage barns are conveniently located for easy access on the east edge of the property. Everything is very well maintained.
There is very little catering competition in this North Florida community. Catering opportunities abound for this business and often take place in Tallahassee or neighboring towns. Catering clients include hospitals, doctor's offices, pharmaceutical reps, associations, law offices, plantations and various events centered around activities in Tallahassee. Over 60% of catering business takes place 15-25 miles from the restaurant. The take out business has no local competition. Fresh frozen entrees, soups and deserts as well as hot off the stove specialty delights are offered 5 days a week to a variety of thankful customers!
Growth & Expansion:
Currently this restaurant operates on a limited schedule serving lunches Monday through Friday with a special dinner offered only on Tuesday evenings. Friday's and Saturday's are reserved for catering jobs or special events at the restaurant. The owners take Sunday off. However, there is a substantial demand for a brunch on Sunday in this quaint North Florida town. A new owner could serve dinners Thursday and Friday nights with a featured brunch on Sunday. This would increase the customer base as well as sales revenue. Operating more hours is directly related to the energy and passion of the new owners. The market demand is there!
No Owner Financing.
Support & Training:
Will train for 5 weeks @ no cost. This restaurant is very well organized and easy to manage. Owners have Food Service Manager Certifications and all employees have Food Handler Certifications. Staff is well trained and in place. On-going business operations with three well established profit centers: meals served in restaurant, catering and carry out. Currently licensed to serve beer and wine. This is a genuine turn-key business opportunity. Many events are scheduled in addition to the restaurant and carry-out service, such as rehearsal dinners, wedding receptions, anniversary parties, baby showers, almost any special occasion, committee and association/club meetings. Owner's booking schedule is full and some business is turned away as the restaurant is closed on Sundays.
Reason for Selling:

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John Kraft

Business Listed By:
John Kraft

Murphy Business & Financial Tallahassee

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