$20K Down For Qualified Buyer Gets You a Cafe Type Eatery With Patio Seating For 25

Price: $187,000

Location: Lake County

Industry: Restaurants and Other Eating Places

Listing ID: 4110-00016

Listing Status: New

Description

Location! Location! Location!
Opened in 2018, this family owned and operated award winning establishment is located inside a brewery in the bustling downtown Clermont area. Offering fresh and local ingredients, the menu features salads, soups, wraps and sandwiches. This is an easy to run, turn-key opportunity for an owner/operator or a family run business.
The business is in a shared space and licensed for 25 seats. It has a wonderful covered patio with outside seating and tons of foot traffic from locals and visitors alike who enjoy live entertainment on the patio, festivals, sidewalk events and a plethora of activities all within walking distance.
There is a current SBA loan on the business and can be assumed by a qualified buyer. 2021 sales are trending upward towards $350,000.

LISTING DETAILS

Down Payment: $20,000

Total Sales: $241,600

Cash Flow: $67,388

Accounts Receivable: N/A

Accounts Receivable Included: No

FFE: $40,000

FFE Included: Yes

Inventory: $1,500

Inventory Included: Yes

Operation

Year Established: 2017

Days & Hours of Operation: Tues - Thurs, 11a-9p | Fri-Sat, 11a-10p | Sun-Mon, 11a-8p

Owner Hours Per Week: 40

Employees: 9

Managers: 0

Location

Real Estate: N/A

Real Estate Included: No

Monthly Rent: $2,371

Type of Location: Downtown Bldg

Square Footage: 1200

Franchise: No

Relocatable: No

Summary

Reason For Sale:

Other Business interest

Training & Support:

2 Weeks Training

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

Tony Blair

Tony Blair