E2 Visa. Profitable Restaurant & Lounge

Volusia County, FL

Seller Financing Available
E2 Visa. Profitable Restaurant & Lounge
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Asking Price: $350,000

Cash Flow: $164,816

Gross Revenue: $854,552

EBITDA: $164,816

FF&E: $72,000

Inventory: $10,000*

Rent: $4,606.13 /Month

Established: 2009

*not included in asking price.

E2 Visa. Profitable Restaurant & Lounge

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Business Description

Perfect E2 Visa business for a qualified buyer! Neighborhood Bistro Restaurant with 4COP SRX license serving liquor and seating for 150. Known for its Quality Food, Ambiance & Service. Live entertainment, fine wines, premium liquors and great food make this "The Place" to have a wonderful experience. The main restaurant is approximately 2,400 square feet with additional 1,200 square foot patio seating. This restaurant has high visibility and is strategically located at a 4 way-stop light. Minimal advertising. Most of the business is walk-in due to its reputation as a local restaurant for excellent food and liquor lounge. Perfect for a Owner/Operator who can give this full attention and reduce the payroll overhead and open 7 days a week.

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Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,600
Lease Expiration:
2/29/2024
Employees:
30
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The main restaurant is approximately 2,400 square feet with additional 1,200 square foot patio seating. This restaurant has high visibility and is strategically located at a 4 way-stop light.
Growth & Expansion:
Minimal advertising. Most of the business is walk-in due to its reputation as a local restaurant for excellent food and liquor lounge. Perfect for a Owner/Operator who can give this full attention and reduce the payroll overhead and open 7 days a week.
Financing:
Will Consider Up To $100K For Qualified Buyers
Support & Training:
2 Weeks at no cost to Buyers
Reason for Selling:
Seller wishes to focus on his fast-growing electrical business.
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Contact the Seller

(from currently available funds)
 
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Ravi Bahl

Business Listed By:
Ravi Bahl

Spectrum Realty Partners

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