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Caribbean Restaurant

Overview

Caribbean Restaurant located in high traffic plaza. Caters to a consistent repeat customer base for over three years and has an exceptional reputation for quality service; Gross sales exceeding $750K for 2019 with free cash flow of over $50K; Financials easily support an asking price as high as $230K to $252K; Seller financing offered with minimum deposit of $165K; Selling one of three restaurants to pursue another family venture; Staff and systems will remain intact; New owner to re-brand and implement signage, menu, and marketing collateral updates. Business information package provided upon signing NDA.

Highlights

Asking Price: $215,000
Down Payment: $165,000
Reason for Sale: Pursuing new venture (motivated)
Revenue: $760,000
Cash Flow: $53,000
Real Estate: Not included, Business only, Lease w/ options
Furniture, Fixtures & Equipment: Included ($90,000 value)
Inventory: Included
Employees: 4



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