Profitable Restaurant with Building

Vero Beach, FL (Indian River County)

Seller Financing Available
Profitable Restaurant with Building
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Asking Price: $1,700,000

Cash Flow: N/A

Gross Revenue: $1,024,000

EBITDA: N/A

FF&E: $300,000

Inventory: $15,000

Real Estate: $1,000,000

Established: 2005

Profitable Restaurant with Building

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Business Description

Very profitable established restaurant in a fast growing area. Established for over 10 years. Lots of upside potential by adding deliveries and catering and opening on Sundays also if desired. Quality well maintained building with rental income from 2 apartments. Large lot with more than enough parking or for expansion. Over 2 Acres

Detailed Information

Location:
Vero Beach, FL
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
4,000
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Restaurant is well equipped and well maintained with larger new walk in coolers and quality equipment Building is also well maintained and built out and is approx 4000 sq ft with over 2 acres of land (Home Based)
Competition:
The business has an excellent reputation for quality food and a large base of local repeat customers
Growth & Expansion:
The potential growth is amazing as more residential and commercial development is taking place in this area. Also, adding delivers and catering and opening on Sundays can also generate a large amount of additional income with very little extra overhead
Financing:
40% down payment for owner financing
Support & Training:
owner is will to provide 2 weeks of training to provide a smooth transition
Reason for Selling:
Retiring
Home-Based:
This business is Home-Based
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Business Listed By:
Frank Filippelli

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