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