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.
Asking Price: $195,000
Down Payment: $165,000
Reason for Sale: Pursuing new venture (motivated)
Cash Flow: $53,000
Real Estate: Not included, Business only, Lease w/ options
Furniture, Fixtures & Equipment: Included ($90,000 value)