Well Established Island Restaurant For Sale

Anna Maria, FL (Manatee County)

Seller Financing Available
Well Established Island Restaurant For Sale

Asking Price:$199,000

Cash Flow:$99,320

Gross Revenue:$950,479

EBITDA:N/A

FF&E:$21,150

Inventory:$7,000*

Established:1992

*not included in asking price.

Well Established Island Restaurant For Sale

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Business Description

24 YRS OLD ESTABLISHED RESTAURANT LOCATED FEET AWAY FROM THE BEACH IN ANNA MARIA ISLAND, LOCATION SAYS IT ALL... SEATS 59, COULD ADD WRAP AROUND PATIO & RAW BAR & GRILL FOR MORE SEATING. 2 EMPLOYEES WORK BREAKFAST WED. - SUN. 9AM-2PM. PRESENT OWNER WILL TRAIN. BUSINESSES SELL FAST ON ANNA MARIA, HURRY AND LIVE THE DREAM. OWNER BENEFIT SHOWN BELOW IS AFTER PAYING RENT OF $4200. SELLER FINANCING. See Internal Listing #924-09236

Detailed Information

Inventory:
Not included in asking price
Employees:
FT 3, PT 9,
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
DP $129,000, Note $70,000, Rate 6% for 60 Months at $1,353.30 a month
Support & Training:
4 Weeks/No Cost
Reason for Selling:
Retiring

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Steve Rietbergen

Business Listed By:
Steve Rietbergen

American Business Brokers

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