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BUSINESS FOR SALE - PROFILE #  BBF-75700676

Restaurants|Italian Restaurant
Booming area close proximity to World Equesterian
Asking Price: $525,000   Down Payment: $525,000  
Gross Revenue: $1,587,296   Adj. Cash Flow*: $145,399  
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Executive Summary

BUSY Italian American Restaurant & Bar in huge growth area. Popular Strip center with huge anchor.  Restaurant is close to THE WORLD EQUESTERIAN CENTER. Ocala is Horse Capital of the World and brings in MANY people that eat and drink!  Surrounded by numerous Horse Farms, high-end neighborhoods, lots of new home construction & very little competition. Price includes Proprietary Recipe Book with FREE training. It includes a popular Bar, outdoor patio and main dining room seats 85 with total seating of 159! In addition to great pizzas, they serve Italian & American dishes including lunch & dinner specials with beer, wine & FULL LIQUOR BAR. Good staff in place with dedicated manager, most likely to stay. Many restaurants in FL are seasonal however the World Equestrian opened 12/7/20 which brings YEAR-ROUND business. Kitchen is fully equipped & includes inventory, soft touch POS & security system. Great opportunity for successful restaurant with bar – THE PLACE TO GO AND GROW!     

Acquisition Highlights

  • Training Information:  2 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)
Established in: 2010 Inventory: $10,000 Included
Employees: 43 Furniture, Fixtures & Equipment: $100,000 Included
Lease/Rent: $13,000 Real Estate:
Building Sq Ft: 6200 Other: $10,000 Included
    Total Assets Included in Sale: $320,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:
Contact:  Connie Pendleton
Phone:  (352) 369-6286
Fax:  (352) 671-8189
Other:  (352) 502-3811
E-mail:  connie@ocalabb.com 		OCALA BUSINESS BROKERS INC.
2715 NE 52nd Court
Silver Springs, FL 34488
www.ocalabusinessbrokers.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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