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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   >>   

Unique Art Deco Diner - Property Also Available

Location  Florida,United States
Asking Price Range  < $250K
Gross Revenues  $681000
Net Profit / Cash Flow  $120000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2001
Number of Employees  20 - 34
Inventory  150000
Relocatable  No
Number of Employees  20 - 34
Real Estate  Leased
Training  Whatever will be required
Reason for Sale  Personal family issues forces owner to return north
Description  This is a wonderful opportunity for someone who wants a restaurant. It is a free standing diner built in the style of the art deco 50's diner complete with shining silver sides. The diner is on a major roadway with high visability. It is located just outside of gainesville, florida in a town that is a tourist destination because of its rivers, springs and cave diving. It attracts people from all over the world. It seats 110 inside and has a large patio that seats up to 70. This area is idea for parties, events and music which the current owner doesn't promote. The current owner is not a people person and spends all his time in his office. While the diner does ok it could do great with the right management. It is being sold for $139,000. The FF&E alone is worth $150,000. As an alternative a buyer could purchase the land and building. The land is 1 1/2 acres. The price of property is $450k. If one purchase property net would be $135k because a rent factor of $56k was put into expenses. The note and taxes would come to $41k. Please note owner of property is not owner of busines. Please call 352-889-5551 for information or email.
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