100k net absentee. Profitable MCO Italian Restaurant - No Competition

Orlando, FL (Orange County)

Seller Financing Available
100k net absentee. Profitable MCO Italian Restaurant - No Competition
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Asking Price: Get Financing: $225,000

Cash Flow: $101,000

Gross Revenue: $301,000

EBITDA: $101,000

FF&E: $50,000

Inventory: $2,500

Lease Rate: $5,000 /Month

Established: 2005

100k net absentee. Profitable MCO Italian Restaurant - No Competition

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Business Description

100K net absentee. Orlando International Airport area Italian Restaurant. Open f

Excellent high quality Italian restaurant located less then 1/2 mile from Orlando International Airport in very very high traffic area. Thousands of hotel rooms surround the business. Facilities are in excellent condition.
Absolutely no competition for authentic Italian sit down dining in area. 98% of business comes from hotel guests in the surrounding area. Thousands of hotel guests using Orlando International surround the business. Wine and beer are also on the menu with a upscale wine bar area. Only open for dinner. Lunch is busy but owner is landlord and wants to sell for retirement. 100k net as is.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
10/12/2028
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Excellent high quality Italian restaurant located less then a mile from Orlando International Airport in very very high traffic area. Thousands of hotel rooms surround the business. Facilities are in excellent condition.
Competition:
Only open for dinner. Absolutely no competition for Italian sit down dining in area. 98% of business comes from hotel guests in the surrounding area. Thousands of hotel guests using Orlando International surround the business. Wine and beer are also on the menu with a upscale wine bar area.
Growth & Expansion:
Current owner is the landlord and opens only for dinner. Need a dedicated owner to take over the business and expand sales. No marketing to hotels is currently being done. Owner is very interested in a long term successful tenant and is flexible with lease renewals. 100K net as is only open for dinner.
Financing:
Seller may finance with half down
Support & Training:
Owner will train for 2 weeks onsite and 6 months via phone or email
Reason for Selling:
owner wants to retire
Business Website:
http://www.eddiehasan.com
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Contact the Seller

(from currently available funds)
 
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Eddie Hasan

Business Listed By:
Eddie Hasan

Mergers Acquisitions and Sales

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