Restaurants|Steak Restaurantfor sale Florida
For More Information Contact
Listing Agent: Steve W Rietbergen
Phone: (239) 425-0677
Email: abb@abbrokers.com
American Business Brokers
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Featured Business Profile

Restaurants|Steak Restaurant

Industry Segment: Steak Restaurant

General Location: Englewood

Listing Number: 9243596

Purchase Information

Selling Price:
$249,000 
Down Payment:
$45,000 
Terms:
 

Financial Information

Gross Sales:
$1,378,038 
Inventory:
$20,000  
Included  
Cash Flow:
$144,356 
Equipment:
$100,000 
Included  
Real Estate:
 
Not Included  

Other Business Information

Year Established:
1992 
Is this a Franchise?
Monthly Rent:
$6,000 
Square Feet:
3900 
Employees:
13 FT, 7 PT , 1 Mgrs 
Days & Hours:
Mon-Sun 4-10 PM 
Home-Based Business?
Can be Relocated?

Business Description

This is a well run restaurant in Englewood, Florida. The company has good records & is one of the few restaurants approved for SBA lender financing w/ $45,000 down which includes $20,000 working capital & a separate $75,000 line of credit. The restaurant's a landmark & has been in business for over 20 years in good & bad times. Seats 170+. Almost 4000 sq. ft. Sales are consistently over $1 million. Open for dinner only. Present owner has health issues & is retiring. Contact listing agent for addtl. info 

Last Revision:3/12/2019 2:27:00 AM
Please Note: All listings herein are exclusive to this listing office as of the date of submission. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect.
Contact Us For More Info

(239) 425-6152

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