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General Business Information
Listing ID:
4110-00346
Listing Type:
Exclusive Right of Sale
Price:
$115,000
Down Payment:
$115,000
Category:
Restaurants
Subcategory:
Brew/Pub
County:
Lake
State/Prov:
Florida
Country:
United States
Sales:
$1,500,000
SDE:
$225,000
Description of Business
New owners have spared no expense on all of the upgrades to this restaurant. The dining room and kitchen offer an ample 2,200 square feet of space in a relaxed environment with a unique concept that expands beyond serving great food, liquors, beer and wine to it's rapidly growing Lake County patrons. The business has great curb appeal featuring an expansive 2,000 square foot outdoor covered patio with heaters, fans and tv's in a very busy shopping center with large National Brands and a movie theater.Management in place and fully staffed. A new owner could keep current concept or bring a their own.
Listing Details
Location:
Busy shopping plaza in South Lake County
Organization Type:
Sole Proprietorship
Hours of Operation:
11am - 10pm 7 days a week
Years Established:
.5
Years Owned:
.5
Employees FT:
6
Employees PT:
14
Managers:
1
Amount of Hours Owner Works:
25
Is Relocatable:
No
Is Home Based:
No
Is a Franchise:
No
Is Lender Pre Qualified:
No
May Qualify for a Visa:
Yes
Financial Information
INCOME PERIOD, Year
GROSS SALES
– Costs of Goods Sold
= Gross Profit
– Total Expenses
= Net Before Taxes
ADD BACKS
+ Owner(s) Salary
+ Benefits
+ Interest Expense
+ Depreciation
+ Other
TOTAL OWNER BENEFIT
2023
$1,500,000
$480,000
$1,020,000
$795,000
$225,000
$0
$0
$0
$0
$0
$225,000
Assets Included in Sale
Leasehold Improvements:
$100,000 Included
FF+E:
$100,000 Included
Inventory:
$5,000 Included
Total Assets Included:
$205,000
Lease Information
Monthly Rent:
$6,399
Expiration Date:
2027-07-31
Square Footage:
4,200
Terms and Options:
Negotiable
Building Type:
Strip Center
Summary
Reason for Sale:
Discuss with the seller.
Non Compete:
Three years and a five mile radius.
Owner Qualifications:
Restaurant Management Experience
For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER
General Business Information
Listing ID: 4110-00346
Listing Type: Exclusive Right of Sale
Price: $115,000
Down Payment: $115,000
Category: Restaurants
Subcategory: Brew/Pub
County: Lake
State/Prov: Florida
Country: United States
Sales: $1,500,000
SDE: $225,000
Description of Business
New owners have spared no expense on all of the upgrades to this restaurant. The dining room and kitchen offer an ample 2,200 square feet of space in a relaxed environment with a unique concept that expands beyond serving great food, liquors, beer and wine to it's rapidly growing Lake County patrons. The business has great curb appeal featuring an expansive 2,000 square foot outdoor covered patio with heaters, fans and tv's in a very busy shopping center with large National Brands and a movie theater.Management in place and fully staffed. A new owner could keep current concept or bring a their own.
Listing Details
Location: Busy shopping plaza in South Lake County
Organization Type: Sole Proprietorship
Hours of Operation: 11am - 10pm 7 days a week
Years Established: .5
Years Owned: .5
Employees FT: 6
Employees PT: 14
Managers: 1
Amount of Hours Owner Works: 25
Is Relocatable: No
Is Home Based: No
Is a Franchise: No
Is Lender Pre Qualified: No
May Qualify for a Visa: Yes
Financial Information
INCOME PERIOD, Year: 2023
GROSS SALES: $1,500,000
– Costs of Goods Sold: $480,000
= Gross Profit: $1,020,000
– Total Expenses: $795,000
= Net Before Taxes: $225,000
ADD BACKS
+ Owner(s) Salary: $0
+ Benefits: $0
+ Interest Expense: $0
+ Depreciation: $0
+ Other : $0
TOTAL OWNER BENEFIT: $225,000
Assets Included in Sale
Inventory: $5,000 Included
FF+E: $100,000 Included
Leasehold Improvements: $100,000 Included
Total Assets Included: $205,000
Lease Information
Monthly Rent: $6,399
Expiration Date: 2027-07-31
Square Footage: 4,200
Terms and Options: Negotiable
Building Type: Strip Center
Summary
Reason for Sale: Discuss with the seller.
Non Compete: Three years and a five mile radius.
Owner Qualifications: Restaurant Management Experience
LISTING BROKER