Legacy Restaurant Includes Prime Real Estate W/1.37acres Of Land

Sarasota, FL (Sarasota County)

Legacy Restaurant Includes Prime Real Estate W/1.37acres Of Land
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Asking Price: $2,000,000

Cash Flow: $320,000

Gross Revenue: $2,050,000

EBITDA: N/A

FF&E: $400,000

Inventory: N/A

Real Estate: N/A

Established: 1988

Legacy Restaurant Includes Prime Real Estate W/1.37acres Of Land

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Business Description

Well-known Restaurant with Pub & Event Facilities.HUGE PRICE REDUCTION for FAST SALES!! SELLERS ready to DEAL!! MOTIVATED.WILL CONSIDER ALL OFFERS.THE SITE is IDEAL for BRANDED HOTEL like Holiday Inn Express,Sleep Inn,La Quinta OR as a Strip Center with 2 to 3 stories of Office or Residential Condos or Apartments overhead.The Investment potential is endless. CLEAN BOOKS & RECORDS AVAILABLE to QUALIFIED BUYERS. The Restaurant sits on 1.37 acres of level ground.Some of the many other possibilities include a branded hotel The Business and property is convenient to the New Atlanta Braves Winter Training facilities. CALL me on my direct line to discuss 941-224-3893.

THIS IS AN UNBELIEVABLE PRICE AND OPPORTUNITY FOR SERIOUS RESTAURANT BUYERS, INVESTORS OR STRIP CENTER & MIXED USE DEVELOPERS.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
9,900
Employees:
60+/-
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Building is 9,900 sqft+/- with Full Liquor Bar and Banquet-Event Room.The Restaurant can seat over 300 people.High visibility and high traffic on major road.
Competition:
Marketplace competition is normal for an American family Style Restaurant.
Growth & Expansion:
Increase catering and event business.
Support & Training:
Seller will stay in transition for 30 days.
Reason for Selling:
SELLERS MOTIVATED!! WANTS to RETIRE after 30+ years in the RESTAURANT Industry.
Business Website:
http://www.BusinessBrokerWorld.com
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Contact the Seller

(from currently available funds)
 
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Denis J.Burke,MBA

Business Listed By:
Denis Burke

Business Broker World

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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