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Listed by:

Bateson Business Brokerage

Broker license number: SL643628

Breakfast And Lunch Restaurant In Volusia County For Sale

Volusia County, Florida
Asking Price:
$120,000 (USD) Furniture / Fixtures and Inventory / Stock included
Turnover:
$326,340 (USD)
Net Profit:
$52,494 (USD)

Price Reduction for this 18 yrs + "Go To" Breakfast and Lunch restaurant located on busy US1. Complete turn-key operation earning great Yelp reviews. Mostly "word of mouth" advertising with patrons quite often lined up outside on weekends and during Bike week/Holiday events. Owner engagement has been limited in recent years due to health issues. Full time manager in place along with seasoned staff. Restaurant is 2,256 SF with seating for 92 patrons. New owner options include dinner and catering promotions. Priced to sell!

Property information

Real Estate:

Lease

Lease Terms:

Currently month to month. Buyer should expect Landlord to be willing to offer extended lease based on similar lease rates.

Leasehold Rent:

$36,000 (USD) per annum

Living Accommodation:

N/A

Location:

Direct frontage on well know US 1 Hwy near primary intersection within limits of well known destination City.

Premises Details:

Free-standing 2,256 SF building that is licensed for 100 seat restaurant.

Size in square feet:
2,256

Business Operation

Expansion Potential:

Restaurant could be opened for dinners and also focus on catering events.

Competition / Market:

There are several restaurants in the area, but subject has a long history of serving exceptional breakfast and lunch servings. Go to place for locals including our very finest.

Reasons for selling:

Retirement.

Trading hours:

Monday-Sunday, 6am-2pm.

Employees:
5 FT, 3PT
Years established:
18

Other Information

Support & training:

Owner will work up to 2 weeks at $0 consideration to allow for smooth transition.

Furniture / Fixtures value:
$20,795 (USD) - included in the asking price
Inventory / Stock value:
$5,000 (USD) - included in the asking price

Listed by

Bateson Business Brokerage

Broker license number: SL643628

Contact Information

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