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Rare #1 Beach in USA Craft Beer and Fast Casual Absentee

Sarasota, FL (Sarasota County)

Seller Financing Available
Rare #1 Beach Cafe & Craft Beer
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Asking Price: Get Financing: $249,600

Cash Flow: $102,000

Gross Revenue: $665,000

EBITDA: N/A

FF&E: $90,000

Inventory: $2,500*

Lease Rate: $2,635.41 /SF/Month

Established: 2015

*not included in asking price.

Rare #1 Beach in USA Craft Beer and Fast Casual Absentee

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Business Description

Rare #1 Beach in USA Craft Beer and Fast Casual Absentee

Looking for the good life. This is a unique opportunity to be in the heart of the strip voted the #1 Beach in the USA for several years and made even a bigger hit with its recent MTV show. Outstanding location with both indoor and outdoor seating. Perfect for first time restaurant owner or experienced one wanting a presence on the beach. Theses rarely become available but when they do the sell immediately. Cash flow is based on owner operator.

Important: All buyer must either complete the attached NDA or request an electronic one be sent. No information including location will be released without. Buyer;s with strong financials move to the front of the line for landlord approval. Business is Not SBA qualified.

Attached Documents

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
7/7/2022
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Turn-Key operation complete with New Freezers,12 Beer Taps, New Tables, Prep Cooler, New Grill and Flat Top. Ample parking for eat in, pick-up customers.
Competition:
This is an exclusive area and you already have a unique menu and excellent chefs its all about consistency, service and quality of the food. Outstanding reviews on Trip Advisor.
Growth & Expansion:
To add to the bottom line if owner is a chef or husband and wife team they could cut down on payroll. Opportunity for delivery, catering can be increased with heavy marketing and online presence.
Financing:
Yes with 149K down seller may finance remainder at 6% over 36 months
Support & Training:
Seller will stay on 1-2 weeks. There is a full time Chef as well as a sous Chef.
Reason for Selling:
Seller will discuss in Person
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Contact the Seller

(from currently available funds)
 
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Pete Harrison

Business Listed By:
Pete Harrison

Legacy Venture Group USA, Inc.

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