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BUSINESSES FOR SALE

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   >>   Food and Beverage Businesses For Sale Categories   >>   

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Seafood Restaurant

Location  Florida,United States
Asking Price Range  < $250K
Gross Revenues  $811000
Net Profit / Cash Flow  $125000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1992
Number of Employees  10 - 19
Inventory  100000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  Two weeks
Reason for Sale  Other business interests
Description  This is a deluxe seafood restaurant with full liquor situated in a stand-alone building on a very major road in Palm beach County. Restaurant seats 160 with 3600 sq ft and has separate bar area. Rent is $8200/m with long term lease and options in place. Restaurant currently serves a wide variety of seafood, steak, pasta, chicken, soups, and salads. Building has housed differing restaurants in one form or another for over 20 years. Asking price of $175K includes at least $200K worth of eqpmt and leasehold improvements. Most recent full year annual sales is $811K and annual net income of $125K. Seller states the restaurant is on track to do about $100K/m in business from January - March during the busy season. Owner is experienced restauranteur who recently purchased restaurant and re-opened under a different name.. would like to sell because of new business opportunity. Now is the time to buy! Please contact Martin Berliant at 561-827-1181 or email for more info.
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