50 Year Old Plus Iconic Restaurant
Polk County, Florida
| Asking Price: |
Gross: |
Cash Flow: |
| $1,300,000 |
$1,530,464 |
$410,370 |
Furniture and Fixtures Value:
$100,000 (included in the asking price)
Inventory Value:
$5,000 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
This decades old restaurant is an icon for the community it resides in. Outstanding customer loyalty that spans generations it is a community icon and destination for families returning to town. The choice for home cooking and comfort food it has an outstanding location, plenty of parking and seating of almost 100. Highly confidential, super clean books, Ownership works in management only limited hours it is a great investment opportunity or active ownership play for the experienced culinary pro. Highly Confidential. Brokers should instruct prospects as to importance of confidentiality. Please refer to listing 3353573228 and advisor Michael Shea when inquiring.
|
|
| |
|
| |
|
| Year
Business was Established: 1934 |
| |
|
| Number of Employees:
Number of Employees 24 Nu |
|
| |
|
| Facilities / Terms of Lease:
Type of Location Restaurant
Facilities well maintained free standing restaurant with ample parking and high main road visability
Monthly Rent $7,000.00
Square Units (Foot, Meter) 3,571
Lease Expiration Date January 31, 2029, 12:00:00 AM
Terms Options negotiable |
|
| |
|
| Owner
willing to finance:
Other Financing Amount $1,040,000.00 Other Financing Interest 9% Other Financing Term Months 120 |
|
| |
|
| Owner
willing to train:
Seller will train for 2 weeks at no cost |
|
| |
|
| Reason for selling:
Retirement |
|
|
|
| REQUEST MORE INFO |
 |
|
