Active
DRIVE-THRU Opportunity -Motivated Absentee Owner-ONLY $199K Down
Nostalgic Italian/American Cafe close to downtown Bradenton in the same location for almost 30years. Current Absentee "non restauranteur" owners want the Restaurant SOLD asap and will SELLER FINANCE--EZY terms with $199K Down[PROOF of FUNDS required]. The Restaurant has a 2COP wine & beer license. Owners bought the restaurant a year ago and put a manager in charge. Limited books and records available. The restaurant is in a "STAND ALONE" building with an EXISTING DRIVE-THRU on a HIGH TRAFFIC street[48600+/- cars a day] This is a PERFECT OPPORTUNITY for experienced OPERATORS with their OWN CONCEPT seeking a DRIVE THRU!!! Building and Land[+/-.56acres] also available FOR SALE $1.599m[NO SELLER FINANCE on RE] OR FOR LEASE with long-term lease--$7500 a month neg]
Listed By: Omar Kettani
Listed By: Omar Kettani
Background information
Reference:
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Year established:
1995
Reason selling:
FAMILY SITUATION--NO TIME for RESTAURANT
Finance
Sales:
$1,100,000
EBITDA:
$187,000
Operations
Employees:
15
Equipment:
Included in asking price $150,000
Inventory:
Not included in asking price
Premises
Facility:
+/-3500sqft with Driver Thru and seating for about 100.
Location:
Bradenton, FL
Opportunities
Growth:
Open Sundays--add Breakfast during the week and on Saturday and provide catering.
Price and terms
Price:
$399,000
Financing:
PROOF of FUNDS required!!
Training:
2week for training and transition.