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Business Listing

Listing No: 92406108
Category: Restaurants: American Restaurant
Description: Well Established Restaurant

Business Details

Revenues: $1,100,000
Adjusted Cash Flow: $150,000
Selling Price: $380,000
Down Payment: $180,000
General Location: Port Charlotte

Executive Summary

Selling due to illness, this well established restaurant was totally renovated after Hurricane Charlie.Located on a main intersection in a fast growing area of SW Florida, this family restaurantseats 150 andserve 3 meals a day. The free standing building has 4800 sq.ft. 35+ parking spaces and sits on almost 1 acre of land. 2009 & 2008 financial information is for 9 months as the restaurant was closed for 3 months each year and does notaccount forany rent. The real estate can be purchased or the seller will negotiate a lease with the newowner.Seller is willing to train and/or allow buyertoobserve before closing. Contact Listing Agent for details.

Last revision: 10/13/2010 10:53:00 AM

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