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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Florida Businesses For Sale Categories   >>   

Profitable Mediterranean Restaurant

Location  Florida,United States
Asking Price Range  $250K - $500K
Gross Revenues  $530400
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1900
Number of Employees  10 - 19
Inventory  100000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  Negotiable.
Reason for Sale  Focusing on core business.
Description  Profitable Mediterranean restaurant located in South Palm Beach. 4800 sq ft facilty located in a upscale family community in a busy Publix plaza. Undermarket rent at $4300/mth.Long term lease til 2026. Seating for 200 customers inside & 80 seats on the patio. Fully equipped kitchen w/ a 20 ft hood.Exp kitchen staff + mgr in place.Sales are growing every mth. Seller financing to qualified buyer. Video tour available after disclosure & qualification with broker. Reason for Sale : Focusing on core business General Location : South Palm Beach area Organization Type : Corp 'Sub S' Hours Owner Works: 50 Years Established : 1 Years Owned: 1 Emp FT: 3 Emp PT: 12 Mgrs: 0 Non Compete : Miles: 5 Years: 5 Weeks Training: 2 Cost: $0 Operating dys/hrs : Monday-Sunday 10-9 Skills/Licenses : Restaurant Experience Lease/Month: 4200 Square Footage: 4800 Building Type: Shopping Center Terms & Options: 2-5yr Expiration Date: 3/31/2016 Seller financing: Amt: $49,000 Mos: 24 Rate: 6.00 Mo Pmt: $2,171.71 Asking price: $299,000 Gross Revenues: $530,400 Net Profits: $ -9,204 You will be required to provide verification of your ability to purchase this business. You will be required to sign a Confidentiality Agreement prior to receiving additional information regarding this business.
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