Turn-key, High-profit Restaurant & Bar

Cape Coral, FL (Lee County)

Seller Financing Available
Turn-key, High-profit Restaurant & Bar
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Asking Price: Get Financing: $595,000

Cash Flow: $350,000

Gross Revenue: $2,000,000

EBITDA: $350,000

FF&E: $250,000

Inventory: $25,000

Lease Rate: $11,500 /Month

Established: 2012

Turn-key, High-profit Restaurant & Bar

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Business Description

The top-level build out and premier location of this asset has led to tremendous owners benefit since 2012. This is a turn-key opportunity. Just bring your name and concept. Ownership has operated this mostly absentee for the past few years and still received solid cash flow. Excellent upside potential for owner/operator to increase sales and profit. Past performance shows that this business can easily achieve $2.5M in sales and beyond with hands-on operator. Trade name and intellectual property do not transfer. Owner is selling to concentrate on other business and as part of a restructuring of family and personal goals. Owner has supreme confidence in the performance of this business and is thus willing to offer some seller financing to the right buyer. Real estate can also be purchased separately if interested.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
7,549
Lease Expiration:
N/A
Employees:
20 FT / 10 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Buyer to sign a new lease upon purchase. Or possibility to purchase the real estate. Large tiki bar and more than 250 seats.
Competition:
Competition in the area is limited. However Cape Coral remains one of the fastest growing cities in the country.
Financing:
TBD
Support & Training:
2 weeks free during normal business hours. Negotiable after that.
Reason for Selling:
Concentrate on other business and restructuring investment goals
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Contact the Seller

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Bruce Micciche

Business Listed By:
Frank Kupiec

LandQwest Commercial

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