American Restaurant
www.GlobalBX.com
Listing ID:
700127105
Listing Title:
American Restaurant
Quick Link:
http://www.globalbx.com/listing.asp?bId=127105
Industry:
Food and Beverage
Industry Segment:
Restaurants and Fast Food (Non-Franchise)
Country:
United States
State / Province:
Florida
Area
City:
Clay County
Asking Price Range:
< $250K
Gross Revenues:
$1,480,904
Cash Flow:
$88,028
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1999
Number of Employees:
20 - 34
Business Description:
Motivated Seller - just reduced for quick sale. Buyer will have to rebrand restaurant as it can no longer be run under the franchise. However this has the potential to increase profitibility as the new owner will save on royalties ($75K in 2009) and will have the ability to negotiate lower food prices. (Owner would have saved $80K in 2009 by operating at 32% COG)
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