Downtown Restaurant - Low Rent / Great Hours

Jacksonville, FL (Duval County)

Downtown Restaurant
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Asking Price: $150,000

Cash Flow: $139,663

Gross Revenue: $435,960

EBITDA: N/A

FF&E: $20,000

Inventory: $500

Rent: $3,000 /Month

Established: 2003

Downtown Restaurant - Low Rent / Great Hours

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Business Description

Easy to run Restaurant located in heart of business district. Great website, online ordering and in operation for 15 years. Offering pizza and other delicious items for lunch and dinner. Reasonable gross lease in place. Dine in and delivery. Family friendly hours as business is closed on weekends. Seller to hold partial note for qualified buyer. Buyer could increase sales by adding beer and wine and opening on weekends for special events. Great opportunity for a savvy buyer.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,500
Lease Expiration:
9/1/2020
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
4500 square foot of space. Includes walk in freezer and cooler. Outside seating for customers.
Competition:
Increasing number of residents moving to the area means there is plenty of business to go around.
Growth & Expansion:
Buyer could add beer and wine and open on weekends to increase already thriving business.
Financing:
30,000 for 24 months @ 6%
Support & Training:
2 weeks at no cost
Reason for Selling:
Discuss with Seller
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(from currently available funds)
 
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Anthony Rigney

Business Listed By:
Anthony Rigney

Quorum Business Advisors, LLC

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