Florida Buisness for sale

Listing BBF-117214344: Restaurants|American Restaurant

General Location: SE Broward
Asking Price: $699,000
Annual Gross Sales: $2,022,277
Owner Benefit:
(Net Profit + Owner Salary)
Business Description
Reason For Sale: Focusing on expanding franchise brand- Landmark Breakfast/Lunch/Dinner in S. Palm Beach County. Established for over 20 years. Sales of $2 million + with an owner benefit of $400k. Perfect books & records. Bank Qualified with 20% down. Visa qualified (Tax Returns on file & W-2 employees). Large kitchen & dining area which seats 200. Free Standing Building (3,000 sq ft) located in a destination outside mall with many National anchors. Lease extends to 2029. Experienced kitchen staff in place. Owner benefit is a working owner replacing the manager. Purchaser will have the competitive advantage of the Corporate food buying group that will provide group food purchasing for 15+ restaurants in Florida for $500/month.
Number of Employees: 10 FT, 30 PT , 1 Mgrs
Established in: 1999
Owner Financing Provided: Information Not Provided
Training Provided by Owner: 4 weeks
Is Business Re-locatable: No
Reason For Selling: Focusing on Franchising.



Contact Information: The following company and/or agent is a licensed real estate broker/and or a business broker.
Name: Russell Cohen
Phone: (954) 900-2685

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