Active
Prime location Upscale Restaurant and Bar Rare Opportunity!
A fixture in the area for the past decade. Excellent management, chef, and waitstaff team already in place for seasoned owner/operator. Live Jazz Brunch is a huge draw for many on the weekends. A staple and well-known in the community for providing high-quality food, service, and one-of-a-kind experience.
Listed By: Pete Harrison
Background information
Reference:
8998-00112
Year established:
2011
Reason selling:
Seller is happy to discuss in detail with a qualified and experienced restaurateur
Finance
Sales:
$2,100,000
Profits:
$240,000
Operations
Employees:
18
Equipment:
Included in asking price $150,000
Inventory:
Included in asking price
Premises
Facility:
Located in the historic downtown district, this restaurant shows fabulously. The new outdoor patio has increased sales and visibility among onlookers. No expense was spared in the 300K remodel and renovation over the past 3 years. Old school feel with the inclusion of modern design and efficiency. It shows beautifully and is undoubtedly a one-of-a-kind space.
Location:
Winter Haven, FL
Opportunities
Growth:
With so many new people moving to Florida this restaurant has been at the forefront of expanding its opportunities. Some examples of what a new owner can do to increase profits would be: Expanding your menu. Adding new items to your menu, such as non-steak options, appetizers, and desserts, can help you attract new customers and increase sales. Offering catering services. This is a great way to reach new customers and generate additional revenue. You can cater corporate events, weddings, and other special occasions.
Price and terms
Price:
$849,900
Financing:
No seller financing and SBA may be a challenge.
Training:
The seller is fully committed to the ongoing success of new ownership in offering 2-4 weeks of training for a smooth transition.