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Multi Location Restaurant Opportunity in Florida with Real Estate

Listing Number: 3353-211534

Listing Details

Multi Location Restaurant Opportunity in Florida with Real Estate
Price: $10,800
Location: Florida
  • Down Payment: $10,800
  • Sales: $11,297,043
  • Seller's Discretionary Earnings: $803,094
  • Inventory: $68,000
  • Furniture, Fixtures, and Equipment: $880,000
  • Employees:
  • Year Established: 35
  • Reason for Selling: Retirement

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Business Listed By
Vee Vitozzi
License # SL3573905
IBBA
President's Club
Languages: Italian

Business Description

This is a rare, never-before-available, turnkey business opportunity in Florida.  Privately owned and operated group of profitable, well-established family-style restaurants known for their welcoming atmosphere, classic comfort food, and loyal, multi-generational customer base.
  • SDE over $800,000 with lots of room for growth, effeciencies and expansion
  • Assets over $2M including, FF&E, Leasehold Improvements and Inventory
  • Highly desireable Real Estate, in prime locations
  • 35+ year established, highly recognizable and strong brand that continues to flourish
  • Well designed and optimized Website along with Social accounts that support all locations
  • Growing email database and digital marketing communications in place for new and loyal customers
  • Fully staffed, long standing employees including General Managers, Kitchen Managers, Dining Managers, and Wait Staff in all locations
  • Three well-situated locations. Each location is approximately 6000 square feet. The restaurants are in prominent, free-standing buildings with large, paved parking lots. High visibility and consistent foot traffic. Two locations include real property as part of the total purchase price, the third location is available for lease from the current owners.
  • The restaurants serve the community 7 days a week
  • Owner works approximately 25 hours per week as senior leadership
This opportunity is ideal for an experienced restauranteur seeking to expand their portfolio with an established, multi-location brand.
For more details on this specific offering you must provide Proof of Funds and a Detailed Resume.