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BUSINESS FOR SALE - PROFILE #  95151011

Restaurants|Specialty Restaurant
Sarasota

Asking Price: $150,000   Down Payment: $120,000  
Gross Revenue: $376,398   Adj. Cash Flow*: $57,771  
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Executive Summary
Quaint, well established Restaurant in a popular entertainment area with shops and nightlife(bars opened late). Heavily used intersections & close to Gulf beaches. Specializing in Mediterranean fusion and vegetarian cuisine. Currently, opened just 6 days a week (closing times at 8pm during the week and 9pm on weekend) Lots of opportunity for growth. Owners has other venture interests and don't have the necessary time to expand days/hours. 2017 Income Period is from Jan-17 to April-17 then (annualized).

Acquisition Highlights

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

Asset Information (estimated fair market value)

Established in: 2010 Inventory: $8,500 Included
Employees: 1 FT, 4 PT , 1 Mgrs Furniture, Fixtures & Equipment: $28,000 Included
Lease/Rent: $1,708 Real Estate:
Building Sq Ft: 1000
    Total Assets Included in Sale: $36,500
 
* 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:  John Milian
Phone: 
Other:  (941) 685-7633
E-mail:  jmilian@truforte.com
Truforte Business Group
5217 Manorwood Dr
Sarasota, FL 34235
The above company and/or agent is a licensed real estate broker/and or a business broker.
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