If you are looking for something unique this is it.

This restaurant has a full liquor bar that was $80,000 build-out alone along with a 1,200 square foot terrace and over 150 indoor seats. Serving a unique blend of foods you do not have any competition.

Employees are all through a payroll system and numbers are directly from tax returns. If you are looking for an E2 visa this will qualify.

Not a chef? No problem as there is a chef and assistant chef in place and the seller handles the front of house duties.

Category : Restaurants SIC : 5812
Detail : Ethnic Restaurant Price : 295,000
County : Charlotte Down : 295,000
State/Prov : Florida Adj Net : 83,687
Country : USA Sales : 545,592
Custom built out restaurant with a large full liquor bar that definitely has its own niche so no competition nearby. 3k sq ft along with a 1200 sq ft covered terrace provides 150 seats inside, 15 at the bar and 30 outside. The seller is front of the house so no need to be a chef to own this restaurant. Easily increase revenues by adjusting hours and adding lunch, catering to the local golfers, adding entertainment…This will qualify for a visa. Unfortunate health issues forces the sale.
Reason for Sale : Health Issues
General Location : SWFL
Organization Type : Limited Corporation Hours Owner Works: 45
Years Established : 4 Years Owned: 4 Emp FT: 10 Emp PT: 0 Mgrs: 0
Non Compete : Miles: 10 Years: 10 Weeks Training: 2 Cost: 0
Operating dys/hrs : Mon-Sat 4pm-11pm,
Skills/Licenses : Food and Food Handling Licenses.
Business is : Relocatable: N Home Based: N Franchise: N Lender P/Q: N
Data Source P/L Statement Tax Return
Year (Cash Flow) 2011 (N) 2010 (N) (N)
Gross Revenue 545,592 696,194 0
Cost of Goods 174,127 213,611 0
Gross Profit 371,465 482,583 0
Expenses 287,778 393,586 0
Net 83,687 88,997 0
Owner Salary 0 0 0
Benefits 0 0 0
Interest Expense 0 0 0
Depreciation 0 27,522 0
Other 0 0 0
Owner Benefit 83,687 116,519 0
Accounts Rec 0 N* Real Estate 0 N*
Inventory 3,000 Y* ___________ 0 N*
F F & E 30,000 Y* Total Assets 283,000 Y*
Leasehold 250,000 Y* *Included?
Lease/Month: 6300 Square Footage: 3000 Building Type: Retail
Terms & Options: 10yr/Lease includes every Expiration Date: 11/30/2017

Michael Monnot

941.518.7138
Mike@InfinityBusinessBrokers.com