Enjoying 20 years of fine dining

Crystal River, FL (Citrus County)

Old World Charm
Contact Seller

Asking Price: Get Financing: $90,000

Cash Flow: N/A

Gross Revenue: $206,000

EBITDA: N/A

FF&E: $8,500

Inventory: N/A

Lease Rate: N/A /SF

Established: 1997

Enjoying 20 years of fine dining

Get Financing Save Print Share Valuation Report

Business Description

Care to work just 4 days a week and enjoy 3 days off for fun and games? That's what these sellers do. Or work longer by expanding the current days/hours to add to your gross. A cozy, old world ambience along with stellar food, keeps customers returning. Well equipped and efficient kitchen, great location.

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Established 20 years ago, this restaurant has exhibited good gross numbers for offering dinner just 4 nights/week. Loyal, longstanding customers compete with the transient tourist trade for seats. Their talent and the quality of their ingredients has guaranteed their success. Location, location? Conveniently located and smack in the midst of a popular vacation destination is half the success. By being open more days of the week and perhaps even serving the lunch trade, gross numbers will increase. Rent is $1,545/month, including water.
Competition:
Tourists flock to this city to snorkel and swim with the manatees. The restaurant is strategically located to attract these visitors and convenient to keep the locals happily returning.
Growth & Expansion:
Seller has elected to open for dinner Wed through Sat only. Operating more days of the week and even opening for lunch will, of course, add to the gross. With a short ride to The Gulf, in addition to tourists, the county attracts early retirees since it's all about playing: 3 lake chains, 7 rivers, and The Gulf provide either fresh or salt water fishing and then there are 14 golf courses. With avid fans among the residents and a haven for tourists, there's no such thing about too many restaurants, especially when enjoying a sparkling reputation.
Support & Training:
Seller will stay on for TBD period of time.
Reason for Selling:
Next plateau in life - ready to travel
Contact Seller

Contact the Seller

Contact Seller Loading

Jackie Davis

Business Listed By:
Jackie Davis

ERA American Realty

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1368901 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Vitality Bowls

Franchise Opportunity In FL
Capital Required: $200,000