Restaurant For Sale
www.GlobalBX.com
Listing ID:
700283247
Listing Title:
Restaurant For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=283247
Industry:
Food and Beverage
Industry Segment:
Restaurants and Fast Food (Non-Franchise)
Country:
United States
State / Province:
Florida
Area
City:
Broward County
Asking Price Range:
< $250K
Gross Revenues:
$522,577
Cash Flow:
$139,332
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2000
Number of Employees:
6 - 9
Business Description:
This restaurant for sale is housed in a 2,200 square foot free-standing building that leases for $4,000 per month. More than twenty parking spots are available for the 65 guests that can be seated inside this business that serves the best cheese steak and wings in the south! The fast casual restaurant for sale is located on a very busy road with more than 50,000 vehicles driving by each day. This property has a beer and wine license (2COP).
Buy this fast casual business opportunity offered by the restaurant brokers in South Florida that has been in existence for 18 years. The current owner has been in place for just a short time, and the restaurant for sale is currently operating absentee. With sales of more than $40,000 per month and the operation being run under absentee ownership, this is an ideal opportunity for someone to come in, build sales, control costs, and score a home run. When adding back the manager's $50,000 salary, the adjusted net income of this restaurant for sale is in excess of $520,000 for a simple cheese steak concept.
The fully equipped commercial kitchen of this restaurant for sale comes with a very long hood that covers a flat top grill and two fryers with plenty of room to add much more equipment. The kitchen also features a walk-in cooler, ice machine, two sandwich coolers, slicer, and much more. The business has a POS system, security camera system, four large televisions, and counter space for dining.
The diverse menu consists of Philly Cheese steak with more than 10 varieties, chicken wings, with more than 15 different sauces, burgers, hot dogs, sandwiches and hoagies, and salads. Guests can quench their thirst with beer or wine, as this restaurant for sale features a 2COP license. All recipes will transfer and the enthusiastic staff will remain to insure a smooth transition of ownership of this great opportunity. For more information on this listing please contact your Certified Restaurant Broker, Ken Eisenband 561-350
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