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Rare Craft Beer & German Cuisine Excellent Cash Flow!

Gulfport, FL (Pinellas County)

Seller Financing Available
Your Beer Garden
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Asking Price: Get Financing: $299,999

Cash Flow: $130,000

Gross Revenue: $567,000

EBITDA: N/A

FF&E: $50,000

Inventory: $5,000

Lease Rate: $3,400 /SF/Month

Established: 2017

Rare Craft Beer & German Cuisine Excellent Cash Flow!

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Business Description

Wow... Feels like you have walked into a German Beer Garden. No expense spared on build-out with over 16 Authentic German Beers on Tap with some amazing street food influenced by the myriad of cultures living in German over the past 100 years. Great reviews across the board along with all systems in place. Already in profit mode after a short period of time is a testament to the owners.

Important: All buyers must complete the NDA along with any photo ID prior to any information being released. This is not SBA qualified no financials will be released until proof of buyers funds have been provided and buyer has met in person with seller.

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Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,455
Lease Expiration:
10/12/2023
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in upscale plaza with lush landscaping close to interstate. Well maintained patio with outdoor seating. Lots of TV's for soccer games, hood system, walk-in coolers, draft system and seating for over 50 guests. 16 beers on Tap and 10 wines.
Competition:
None. This is a destination restaurant and has no immediate competition in the area. Only game in town for this syle of food. You must try it for yourself.
Growth & Expansion:
This is build by a seasoned restaurateur who's life is taking a diffeent direction. Any experienced owner operator could franchise or license this concept. This is truly unique to this area and completely un touched market. Think of what middle eastern food was 25 years ago and how popular it is today.
Financing:
Yes with only 75K down remainder @6% over 36 months
Support & Training:
Seller is generous with his time and wants new buyer to learn it correctly and open to training as needed.
Reason for Selling:
Will discuss in person with qualified buyer.
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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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