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American Restaurant & Bar w/ Property
American Restaurant & Bar With Property For Sale in Florida
Orlando, FL (Orange County)
Asking Price: $1,950,000
Cash Flow: $271,074
Gross Revenue: $1,877,067
EBITDA: $271,074
FF&E: $120,000
Inventory: $10,000*
Real Estate: $1,600,000
Established: 2008
*not included in asking price.
Business Description
Restaurant purchase includes 3 acres of real estate and a 7,200 building.
American Restaurant & Bar with Real Estate for sale. Business has a popular American concept serving specials like burgers, pot roast, baked chicken, salads and other American specialties. The purchase includes a large 7,000 square foot building and over 3 acres, a massive full kitchen that could rival many hotels along with both indoor and outdoor seating. The restaurant is permitted for over 200 seats and also has a private meeting room available for both formal and informal events. Business has a 4COP SFS liquor license. Rated online with over a thousand 5-star reviews.
Detailed Information
- Location:
- Orlando, FL
- Inventory:
- Not included in asking price
- Real Estate:
- Owned
- Included in asking price
- Building SF:
- 7,200
- Employees:
- 28
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
- Facilities:
- Large facility with over, 3 acres of property, a 7,200 sf building, over 100 parking spaces, a private meeting space, large dining area, and outdoor dining area.
- Competition:
- Business continues to maintain a loyal following.
- Growth & Expansion:
- Current owner does not do much marketing, and there a plenty of opportunities for catering and ghost kitchen offerings with the large kitchen. There are also plenty of ways to market the bar area for additional sales.
- Support & Training:
- Owner will work with the buyer to make for a smooth and easy transition.
- Reason for Selling:
- Owner is looking to retire.
Listed By: Lee Ossin
Background information
Reference:
RestBar400-04380
Finance
Sales:
$1,418,122
Profits:
$275,240
Profit type:
Discretionary Earnings
Premises
Square footage:
7,200
Price and terms
Price:
$1,950,000
Down payment:
$950,000