Iconic Breakfast and Lunch Restaurant For Sale

Lee County, FL

Iconic Breakfast and Lunch Restaurant For Sale
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Asking Price: $5,640,000

Cash Flow: $604,518

Gross Revenue: $1,228,923

EBITDA: N/A

FF&E: $185,000

Inventory: $30,000

Real Estate: $3,950,000

Established: 1989

Iconic Breakfast and Lunch Restaurant For Sale

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Business Description

Iconic Restaurant and Real Estate located in a booming exclusive high end city in Southwest Florida. A recent Sunday produced 580 meals, no dinner's. Terrific visibility and road frontage on the most heavily traveled thoroughfare in town. The go to place for breakfast, lunch, baked goods, fantastic pies and cakes known all over. Terrific development opportunities on the 2 acre parcel currently receiving approx. $60,000 in annual additional rent. Contact listing agent for additional information.

Detailed Information

Location:
Lee County, FL
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
6,975
Employees:
14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
15 miles for 5 years
Support & Training:
2 weeks at no cost
Reason for Selling:
Retiring
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(from currently available funds)
 
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Steve Rietbergen

Business Listed By:
Steve Rietbergen

American Business Brokers

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