restaurant business

Undisclosed Address, Florida
Business Opportunity for Sale
Catylist Listing ID: 30192647
Property Subtypes: Food and Beverage
Building Size (RSF): 2,900 SF
Sale Price: $970,000
Name of Establishment: confidential
Gross Revenue: $2,000,000 (Annual)
Cash Flow: $400,000 (Annual)
Last Updated: 5/29/2018

Overview / Comments

Family owned popular full service restaurant located in one of the most growing retirement community town squares in Florida. Recent remodeling includes outdoor patio area with state of art gas heaters and chillers. Outside seating for 100 and indoor seating for 60. Business enjoys excellent reviews on Trip Advisor and other internet ratings sites. Continued growth of this retirement community has placed it #1 four years in a row for fastest population growth. Current population at approximately 110,000 with 4% growth expected by 2019. The Villages known for its golf cart accessibility to all amenities such as grocery stores, banking and business, situated in local town squares, continues to climb in popularity. Located within one hour of Orlando. This location is prime for having the best of both worlds; small town community charm with close proximity to large city amenities.

Additional Details

Industry Segment: Restaurants
Value of Inventory Included ($): $15,000
Value of Furniture, Fixtures, and Equipment ($): $375,000
Value of Real Estate Included ($): $0
Real Estate Lease Description: Located on prime corner, near outdoor dancing and music entertainment community center with excellent exposure and building ambiance. Ample parking, long term lease in place (15 years) 3 years remaining with two 5 year options. All Equipment, Furnishings, Fixtures, included, purchased new at time of open in 2016.
Employee/Labor Description: 25 employees
Mgmt/Training Support Description: two weeks
Growth/Expansion Opportunities: Expansion of business possible with additional specialty alcohol beverages and menu items, such as dessert and specialty coffee drinks

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,688 16,183
Median Age: 51.31 44.56
Households: 2,735 6,282

Contact

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