Restaurant in Heart of Downtown St. Augustine *Motivated Seller*

Saint Augustine, FL (Saint Johns County)

Restaurant in Heart of Downtown St. Augustine *Motivated Seller*

Asking Price:$225,000

Cash Flow:N/A

Gross Revenue:$117,367

EBITDA:N/A

FF&E:$43,000

Inventory:$26,000

Rate/Sq. Ft.:$24.32

Established:N/A

Restaurant in Heart of Downtown St. Augustine *Motivated Seller*

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Business Description

Completely revamped restaurant in historic Downtown St. Augustine ready for you to continue with current concept or bring your own just in time to capitalize on peak season! Beer/Wine, indoor/outdoor seating, and weekend live entertainment make this a desirable dine-in spot for passersby. Excellent location to capture foot traffic and parking. No competition with current concept. Contact Agent for more info.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
1,850
Lease Expiration:
12/31/2017
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Stand alone building; leasehold improvements ~$45k; raised building to help prevent flooding
Competition:
No competition
Support & Training:
2 weeks, no cost
Reason for Selling:
Health

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Terri Sherman

Business Listed By:
Terri Sherman

Florida Business Exchange, Inc.

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Sponsoring Broker:
A. Bert Risdon, B.C.I.

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