Seafood Grill, Two Great Locations/One Great Price

Price: $590,000

Location: Tallahassee, Florida

Business Category: Restaurants

Business Subcategory: Seafood Restaurant

Listing ID: 4110-00299

Listing Status: New

Description

FIRE SALE!!! 2 (TWO)Seafood Restaurants!!! Due to major Health issues, the owner is forced to sell and retire! Two locations just off I-75 and another off I-10 surrounded by several hotels. They have been in operation since 2015 and have been high grossing stores and even though COVID sales were over $2 million!! These are high energy stores and with a high energy staff and Management in place for continued success!! The stores are full of upgrades to AC units to Kitchen Equipment for a new owner to enjoy! ALL offers will be entertained for a quick closing!!! Please see the Both locations at BBF-4110-00297 & BBF-4110-00298
-- 2019 Gross sales $5.3 mill | 2020 Gross Sales $4.1 mill | 2021 Gross Sales $4.9 mill
--NOTE !!! If you are interested in a 3rd location across the street from the Beach in Saint Pete Beach, let us know as this would be a great addition to the Brand and around the same price, this was a $2 million store as
well.

LISTING DETAILS

Down Payment: $590,000

Total Sales: $4,825,039

Discretionary Earnings: $579,005

FFE: $500,000

FFE Included: Yes

Inventory: $30,000

Inventory Included: Yes

Operation

Year Established: 2015

Year of last Acquisition: 2015

Days & Hours of Operation: 11am - 10pm 7 days a week

Owner Hours Per Week: 20

Employees: 100

Managers: 6

Absentee Owner: No

Lease Option: Negotiable

Location

Real Estate Included: No

Monthly Rent: $18,400

Type of Location: Free Standing

Square Footage: 17,100

Summary

Reason For Sale:

Health Issues

Training & Support:

Two weeks at no cost to buyer.

Owner Qualifications:

Restaurant Management Experience

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

Tony Blair

Tony Blair