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Newly Built Restaurant
Lakeland FL

Asking Price: $149,000   Down Payment: $149,000  
Gross Revenue: $500,000   Adj. Cash Flow*: $100,000  
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Executive Summary
This brand new concept is centrally located in an up and coming area of downtown which is growing by leaps and bounds. New apartments just built, many new businesses and redevelopment efforts underway to capitalize on the excitement of this area.  This is the entertainment district of the city, surrounded by bars, restaurants, the public square, and numerous entertainment businesses within one block. Large employers surround the area, providing steady business and especially large catering opportunities.   Current owners have done all the work  including cool, creative buildout, secured all permits, etc. Absentee owner has business obligations out of state and management team stretched with other locations in area. Over 350k has been invested to create this concept, with  all new equipment and fixtures installed. You could use this concept or easily convert to your own. Other locations also available for larger multi-unit operator. Revenue advertised is estimated. The business has only been open for 3 months during the summer season, so full year is unavailable.

Acquisition Highlights

  • Financing Information:  Owner will finance for qualified operator
  • Training Information:  2 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2017 Inventory: $5,000 Included
Employees: 13 Furniture, Fixtures & Equipment: $84,000 Included
Lease/Rent: $4,000 Real Estate:
Building Sq Ft: 2110
    Total Assets Included in Sale: $305,000
* 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.


Contact:  Tim Bellon
Phone:  (813) 260-3127
VR Business Brokers - Apollo BCH, FL
200 Frandorson Circle
Suite 200
Apollo Beach, FL 33572
The above company and/or agent is a licensed real estate broker/and or a business broker.
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