OPPORTUNITY
Looking for a restaurant buyer with proven experience implementing financial and operational controls to extract significant profitability potential out of restaurant grossing an impressive $1.8M in it's first year of operation. Present owner has established a great concept: theme, menu and staffing; and, the seller obviously has the marketing skills to put people in the seats. This location has grossed nearly $3.0M in the past, so continued growth is expected. Health issues are forcing sale. Seller is willing to stay on in a more limited role after sale.
DESCRIPTION
Seller has once again used his 30 plus years in the restaurant industry to hit a home run. This beautifully built out and equipped 4800 SF, 176 seat, restaurant/bar in Collier County, Florida ranks in the top 20 for best area restaurants on Tripadvisor.com and other top review sites. Additional awards include Gulfshore Life’s Best of the Gulfshore award as well as the Naples Daily News Champion Certificate. Because the restaurant is only one year old, the seller's focus has been building the restaurant's following and not financial and operational controls. Food and labor costs are very high and seller's health issues have prevented tighter management and control.
PRICING
Offered as an Asset Sale at $499,000 with seller financing available to the right buyer.
CONTACT
For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.
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