Profitable Restaurant - Some Seller Financing

Jacksonville, FL (Duval County)

Seller Financing Available
Profitable Restaurant - Some Seller Financing
Contact Seller

Asking Price: $325,000

Cash Flow: $199,607

Gross Revenue: $558,086

EBITDA: N/A

FF&E: $50,000

Inventory: $10,000

Rent: $7,758 /Month

Established: 2010

Profitable Restaurant - Some Seller Financing

Save Print Share Valuation Report

Business Description

Profitable Restaurant - Some seller financing available
Highly profitable buffet located on busy Southside of Jacksonville. Operates in a shopping Center with popular grocery store as anchor. Open 8 years with good books and lots of potential. Buffet style keeps labor costs to a minimum thereby maximizing margins. Catering makes up a growing portion of the business with room for further growth. Owner works only part time. Lease rate is gross rent fully inclusive. Seller to hold some financing for a qualified buyer. Easy to run but restaurant experience would be a plus.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
10/1/2024
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
4000 square foot space includes dining room, kitchen, bar and function room.
Competition:
Low labor costs for this business model give it a definite competitive advantage over other restaurants in the area.
Growth & Expansion:
Catering business has been growing with room for further growth.
Financing:
$125K for 48 months @ 6%
Support & Training:
One Week at no cost
Reason for Selling:
Discuss with Seller
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Anthony Rigney

Business Listed By:
Anthony Rigney

Quorum Business Advisors, LLC

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock

Demographic Information

Household Income:
Unlock
Population Age:
Unlock
Population Change:
Unlock
Population by Race/Ethnicity:
Unlock

Real Estate Insights

Monthly Lease Rate per SF:
Unlock
Sale Price per SF:
Unlock

Metro Area Scores

Walk Score:
Unlock
Transit Score:
Unlock


Ad#:1562510 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings