HELPING PEOPLE BUY & SELL BUSINESSES

Own The Restaurant and Building

Listing #: BBF-411009069

Contact Us About This Listing:

Asking Price:
$1,400,000
Down Payment:
$350,000
Financing Available:
Yes, SBA Prequalified
Gross Income:
$1,288,280
Adjust Net:
$298,992
Year Established:
2013
Category:
Restaurants Italian Restaurant
County:
Sarasota
State:
Florida

Assets & Liabilities:

Accounts Receivable:
Inventory:
FF&E:
Leasehold:
$0
$15,000
$275,000
$0
Incl:
Incl:
Incl:
Incl:
No
Yes
Yes
No
Real Estate:
Liabilities:
Other:
Total Assets:
$1,000,000
$0
N/A
$1,290,000
Incl:
Incl:
Incl:
Incl:
Yes
No
No
Yes
Financial Information:
Year:
Type of Report:
Gross Income:
COGS:
Gross Profit:
Expenses:
Net:
Adbacks:
Owner Benefit:
2016
P&L
$1,288,280
$393,090
$895,190
$721,550
$173,640
$125,352
$298,992
Year:
Type of Report:
Gross Income:
COGS:
Gross Profit:
Expenses:
Net:
Adbacks:
Owner Benefit:
2015
Tax Return
$1,221,978
$435,441
$786,537
$682,830
$103,707
$152,063
$255,770

Lease Information:

Rent Price:
Building Type:
Square Footage:
$0
Condo
N/A
Terms:

Additional Information:

FT Employees:
3
PT Employees:
20
Manager(s):
1
Hours Owner(s) Work:
Sun - Thurs, 4:00pm - 9:00pm | Fri - Sat, 4:00pm - 9:30pm
Years Owned:
4
Hours of Operation:
30
Experience/License Req'd:
4COP Liquor License / Restaurant Experience
Familiarization Period:
2 Weeks, $0
Non-Compete:
10 Miles, 3 Years