Time to Retire Mediterranean Restaurant Free Standing Building

Listing Number: 0101-117337

Description

Time to Retire – Mediterranean style restaurant on canal. Well established for over 17 years. Bar area (SRX/4Cop license), 200 seats inside and 60 outside on deck on the water. Freestanding building with plenty of parking. 4845 SF inside plus outside deck. Real Estate available for $3.8 Million. Excellent growth area. Time for a new experienced operator to take over. Fully equipped kitchen with hood, walk ins and walk in freezer. May be possible lender financing for an experienced qualified buyer. Excellent books & records. All interested buyer need to provide NDA, Proof of funds and Resume/ CV prior to any disclosure and offering package.

Listing Details

  • Price: $ 1,400,000
  • Down Payment: $1,400,000
  • Sellers Discretionary Earnings: $ 452,328
  • Total Sales: $ 2,294,143
  • Location: Broward County, Florida

  • Inventory: $ 40,000
  • FF&E: $ 100,000
  • Employees: 24
  • Year Established: 1981
  • Reason for Selling: Retirement
  • Category: Restaurants
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