Big Beach Diner with Great Visibility
Duval County, Florida
Asking Price: |
Gross: |
Cash Flow: |
$250,000 |
$780,000 |
$134,400 |
Furniture and Fixtures Value:
$850,000 (included in the asking price)
Business Summary:
Price Reduction!!! More Seller Financing at 3%! BIG, BOLD, NEW LIGHTS, NEW SIGNAGE UPGRADES, RIGHT ON A1A, in Jacksonville Beach, Florida. You cannot BEAT THIS LOCATION!MUST HAVE RESTAURANT EXPERIENCE TO MAKE THIS HAPPEN. Great Diner Restaurant with full SRX Liquor License, FREESTANDING BUILDING, and it's own parking lot. FIFTEEN YEAR lease with first year being only $4,400.00 per month, second year is $7,700.00 per month. 24 foot hood, huge kitchen with enough equipment to feed an army. Currently owner is the only cook, and he has pared down the business due to health and employee issues. Over 1 Million in build out, and amazing exposure. Owner states he is doing 60K per month with just himself and 3 other staff. Many times he closes early due to health concerns and lack of employees. This opportunity needs a serious Restaurant person at the helm. Please refer to listing number 7101-264218 and advisor Julie Brigman when inquiring on this listing.
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Year
Business was Established: 2002 |
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Number of Employees:
3FT 1MGR |
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Facilities / Terms of Lease:
Lease/Month: 4400 Square Footage: 4,500 Building Type: FREESTANDING
Terms & Options: 15 years re-newal Expiration Date: 6/22/2020 |
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Owner
willing to train:
Seller will train for 2 weeks at no cost |
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Reason for selling:
Health |
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REQUEST MORE INFO |
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