Profitable Downtown Restaurant

Gainesville, FL (Alachua County)

MOTIVATED SELLER!
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Asking Price: $80,000

Cash Flow: $53,000

Gross Revenue: $307,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1,516.34 /Month

Established: N/A

Profitable Downtown Restaurant

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Business Description

Profitable Downtown Restaurant with Tons of Growth Potential!

For sale here is a profitable restaurant located downtown near the Bo Diddley Plaza. This seller is motivated and will consider all reasonable offers.

Eclectic fare is offered for both carnivores and vegetarians alike. The current owner is semi-absentee and has generated sales with no marketing - there is a lot of upside potential here for a new owner who can focus solely on this business.

This space is easy to manage and this would be an excellent first restaurant for someone who has worked in the industry and wants to run their own show. The price is also very reasonable, making for a better opportunity still. Contact Keith today to learn more!

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

Real Estate:
Leased
Building SF:
940
Lease Expiration:
3/1/2020
Employees:
6
Competition:
There are plenty of restaurants in the downtown area, but this one is better than most in terms of visibility and access to pedestrian traffic.
Growth & Expansion:
Owner does no marketing at present. Downtown Gainesville, tight density would lend itself well to a simple and cheap marketing campaign, such as canvassing.
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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