Thriving Casual Restaurant in Jacksonville, Fl.

Jacksonville, FL (Duval County)

Thriving Casual Restaurant in Jacksonville, Fl.
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Asking Price: Get Financing: $250,000

Cash Flow: $170,000

Gross Revenue: $850,000

EBITDA: $170,000

FF&E: $400,000

Inventory: $4,000

Lease Rate: $10.30 /SF/Month

Established: 1977

Thriving Casual Restaurant in Jacksonville, Fl.

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Business Description

Truly Unique Turn Key Opportunity

A rare opportunity to obtain this very popular and long established restaurant with an extremely loyal customer base. Continue just as it is with management in place, or available of the enormous opportunity to expand with your own personal touch. Completely renovated in 2014 at a cost of $400K so no further investment in the property is required.
For further information please download NDA and e-mail to jp.54@outlook.com.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,197
Lease Expiration:
4/30/2022
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located on a very busy thoroughfare a few miles from the international airport and the new Amazon facility. There is ample parking, a large pylon sign and 120+ indoor seats. Leased until 2022 with 3 additional 4 year options. Very reasonable rents for the duration have already been agreed.
Growth & Expansion:
This is truly a rare opportunity to purchase a unique casual dining restaurant that could be expanded or even franchised by the new owner.
Financing:
Lease rates agreed until 2034
Support & Training:
Owner will provide support and training for one month. Well trained loyal staff who currently operate without the owner on site will remain.
Reason for Selling:
Owner is relocating.
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Business Listed By:
Not Disclosed

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