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BUSINESS FOR SALE - PROFILE #  MBFS-104312781

Restaurants|Gourmet Dining
Broward County, Florida

Asking Price: $1,395,000   Down Payment: $348,750  
Gross Revenue: $2,151,422   Adj. Cash Flow*: $491,030  
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Executive Summary
Reason for Sale: Lifestyle Change- Landmark Gourmet Dining Restaurant for Sale in Broward. Established since 1990's serving innovative American cuisine. 2016 sales will exceed 2 million +. Owner benefit of $400k +. Perfect books and records. All employees are W2. Should qualify for Visa. Experienced kitchen & dining staff. 4 Cop Liquor license included + $50k inventory. Lender Prequalified. Long term lease with a great rental rate. 2016 #'s Thru Nov $1,983,000-Owner Benefit $400k.

Acquisition Highlights

  • Training Information:  4 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1995 Inventory: $50,000 Included
Employees: 14 FT, 6 PT Furniture, Fixtures & Equipment: $80,000 Included
Lease/Rent: $4,921 Real Estate:
Building Sq Ft: 1650 Other: $150,000 Included
    Total Assets Included in Sale: $580,000
 
* 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:  Russell Cohen
Phone:  (954) 900-2685
Fax:  (954) 510-2332
Other:  (954) 646-7651
E-mail:  rcohen@murphybusiness.com
MURPHY BUSINESS & FINANCIAL SERVICES DAVIE
5220 S UNIVERSITY DR. STE C203
DAVIE, FL 33328
www.sflabusinesses4sale.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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