Japanese Steak House

Destin, FL (Okaloosa County)

Japanese Steak House
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Asking Price: $2,500,000

Cash Flow: $720,000

Gross Revenue: $2,650,000

EBITDA: N/A

FF&E: $420,000

Inventory: N/A

Real Estate: $5,850,000*

Established: 2003

*not included in asking price.

Japanese Steak House

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Business Description

Very established and profitable buiness in high travific tourest market.

This business is well established and run and owned by a very seasoned restaurateur who owns and operates three large and very successful Japanese hibachi steak house restaurant. This is a must see facility. The pricing has been established by a prominent national CPA firm, via a business evaluation/ appraisal report and the Real estate value was determined by a third party AMI appraiser. Both of these reports my be provided after the NDA has been completed and returned. Feel free to contact Bryan Cureton, With TLG Real estate Services. PLLC. 850-545-3687

Detailed Information

Real Estate:
Owned
Not included in asking price
Building SF:
11,671
Employees:
45
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The building, interior and exterior have been immaculate maintained with no expenses spared,
Competition:
There is no competing Japanese steak house in the market. The market is a heavy tourism market and a strong local fowling as well.
Growth & Expansion:
This owner will also their other restaurant in Bay county Florida, if a buyer is interested. (see separate listing)
Financing:
This business is run buy the owner and reflects higher labor cost that normal
Reason for Selling:
Retiring
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Bryan Cureton

Business Listed By:
Bryan Cureton

TLG Real Estate

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