Florida Buisness for sale

Listing BBF-41600152: Restaurants|Gourmet Dining

General Location: WINTER PARK FL
Asking Price: $1,500,000
Annual Gross Sales: $1,169,542
Owner Benefit:
(Net Profit + Owner Salary)
Business Description

This very successful and long established Winter Park Fine Dining Restaurant for sale. This hugely successful and extremely well known restaurant has been in business for nearly a quarter of a century. It is a land mark restaurant for the City of Winter Park. The restaurant has expanded years ago with two distinct dining sides. There are 2 large Wine cellars with a private event dining area with capacity for private parties and events of up to 30 people. The one dining area has an occupancy of up to 100 with an additional 30 plus people for outside seating. The other side has seating for up to 70. Even more seating on the weekends when they close the street permitting additional tables out in the street area which then adds up to another 30 plus more seating. This existedly designed restaurant facility has two bar areas. This historical restaurant has approximately 1600 ft. on the left side not including the patio and 2,370 ft. on the right side not including the patio, and the private dining area is approximately 2370 ft.

There is one walk-in cooler for food and another for chilled wine and beer. The kitchen is a chefs dream with top brand equipment including several freezers, aTrue three door large capacity commercial refrigerator, a 10 burner cooking area, and 4 convention ovens. There are also 2 dishwasher machines.

In addition to the restaurant operation they having a booming business on Saturday with a booth at the farmers market. This incredible restaurant is in Huge Demand for private parties, business events, holiday parties, and weddings and has reservations/bookings all the way through October 2022.

Although the overall revenue decreased in 2020 during the Covid19 Pandemic this incredible restaurant sustained and did exceptionally well considering the restaurant was closed for 6 weeks. 2021 Sales and Growth are off the charts with sales up over $20,000 comparing May 2019 to May 2021. 2019 was the BEST YEAR in the history of the restaurant and based upon 2021 sales, through June 2021 projections show that the restaurant annual revenues is tracking to set a New 2021 High Sales Volume Record!!

Number of Employees: 5 FT, 16 PT , 2 Mgrs
Established in: 1997
Owner Financing Provided: Information Not Provided
Training Provided by Owner: 4 weeks
Is Business Re-locatable: No
Reason For Selling: RETIREMENT



Contact Information: The following company and/or agent is a licensed real estate broker/and or a business broker.
Name: Mark Allen
Phone: (321) 689-8000
Agency: Commercial Real Estate Professionals

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