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Restaurant For Sale With Real Estate
Location Florida,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1615007
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1987
Number of Employees 50 - 99
Relocatable Not Disclosed
Number of Employees 50 - 99
Real Estate Owned
Description This Restaurant and Real Estate is for Sale in Sarasota County. Located on a very busy highway in a fast growing commercial and residential area.
This Florida restaurant for sale with real estate has been in business for the last twenty five years under the same ownership. The lot size is 1.25 acres with 350 feet of frontage on the very busy road. The building is over 8,000 square feet and has an additional outdoor patio of more than 600 square feet. The parking lot has more than 100 spots available for its patrons.
The 8,000 square foot Florida restaurant for sale with real estate seats 150 customers for breakfast, lunch and dinner in its main dining room. The outdoor patio will seat an additional 40 guests. The lounge area has a separate bar and has seating for more than 100 guests. The Florida restaurant for sale boasts three private rooms for banquets and a dance floor. Banquets rooms can accommodate between 3- to 80 guests. More than three hundred guests can be served at one time in this iconic Sarasota County landmark Florida restaurant for sale. Customers come back again and again because they are treated like family.
The fully equipped commercial kitchen of this restaurant truly has it all. The kitchen is complete with a hood that is more than 25 feet long, Walk-in Cooler and Walk-in Freezer, an STX Conveyor Oven, Double Alto Sham Oven, Char broiler, Two Flat Tops, two Ice Machines, four Fryers, numerous commercial coolers, and steam tables and so much more. This kitchen can handle a tremendous amount of volume. You will be able to have a full dining room and bar eating off your full menu and still be able to take care of private parties in your banquet facilities.
Gross sales are in excess of 1.5 million dollars and net owners benefit is in excess of six figures.
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