Sold
Kissimmee Restaurant
Kissimmee, FL (Orange County)
Asking Price: $595,000
Cash Flow: $263,870
Gross Revenue: $1,307,060
EBITDA: $263,870
FF&E: $150,000
Inventory: $15,000
Established: 2010
Business Description
American Comfort Food Restaurant Management in Place
Established Kissimmee Restaurant. Numbers are from the 2021 Tax Returns and sales in 2022 are up 30%! This landmark meetup spot is loved by local families. Known for high quality homemade American comfort food with a huge loyal following. Their takeout and delivery business is a large portion of their business and could be even bigger if the kitchen stayed open for longer hours. As an anchor for their plaza, the landlord gives them favorable rent well below market. They have a long lease in place so that a new owner can continue to grow and flourish for years to come in this growing community. Solid management team and staff in place. Excellent books and records. SBA Loan available to a qualified buyer.
Detailed Information
- Location:
- Kissimmee, FL
- Inventory:
- Included in asking price
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
- Reason for Selling:
- Retirement
Listed By: Jackie Ossin Hirsch
Background information
Reference:
400-04350Sweet
Finance
Sales:
$1,307,060
Profits:
$263,870
Profit type:
Discretionary Earnings
Price and terms
Price:
$595,000