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Long-Established Restaurant in Gainesville, FL

Gainesville, FL (Alachua County)

Seller Financing Available
Long-Established Restaurant in Gainesville, FL
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Asking Price: $295,000

Cash Flow: N/A

Gross Revenue: $1,560,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $5,443.80 /Month

Established: N/A

Long-Established Restaurant in Gainesville, FL

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Business Description

This well-established restaurant with fantastic sales figures is waiting for a new owner to come in and take it to the next level. Despite existing stellar sales, this unit still has further to go by adding shifts. The location is excellent and is poised to benefit from Gainesville's recent surge in new construction, much of which is happening within blocks of their location.

The current lease is good through 2025, so a new owner gets the benefit of this location for years to come. Owner is amenable to some financing, depending on the offer. If you have experience in the restaurant industry, then this is the opportunity for you. Don't pass this one up!

About Gainesville:
Nestled in the heart of "old Florida," Gainesville is the perfect blend of sleepy southern charm and cosmopolitan culture. Home to the University of Florida, Gainesville boasts a high standard of living with lots of great restaurants and shopping, as well as a well-educated work force. For nature-lovers, Gainesville boasts a beautiful tree canopy, many scenic parks and miles of bike trails. It's also within 30 minutes of some of the most beautiful, crystal clear springs in the world. Gainesville is truly a great place for business and a wonderful place to live.

Detailed Information

Location:
Gainesville, FL
Real Estate:
Leased
Building SF:
5,008
Lease Expiration:
N/A
Facilities:
Clean, attractive and frequently in full use on busy nights.
Competition:
Of course, the competition in the restaurant business generally is stiff in Gainesville, as it is elsewhere, but this unit is unique in many ways and has excellent goodwill built in over a long period of time.
Growth & Expansion:
Plenty of opportunity for growth by adding shifts and utilizing space more effectively. The owner has lots of ideas that they're happy to share.
Support & Training:
Forty business days of training, included in the asking price.
Reason for Selling:
Retirement
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Contact the Seller

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Keith Hazouri

Business Listed By:
Keith Hazouri

Bosshardt Realty Services, LLC

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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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