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| Listing No: BBF-95312043 | |
| Category | : | Restaurants | SIC | : | 5812 | |
| Detail | : | Deli Restaurant | Price | : | 90,000 | |
| County | : | Lee | Down | : | 90,000 | |
| State/Prov | : | Florida | Adj Net | : | 44,729 | |
| Country | : | USA | Sales | : | 281,725 |
| Serving breakfast, lunch & dinner & has convenience market items, catering, lottery & to-go items. Serves basic breakfast fare, salads, sandwiches, burgers & has a 2COP. Sellers are absentee & COG’s & payroll have gotten out of control. The gross is there just needs a working owner & this could be turned around immediately. Gross numbers are from tax returns. Numbers have increased from 2011-2012 |
| Reason for Sale | : | Contact Listing Agent |
| General Location | : | Southwest Florida |
| Organization Type | : | Limited Corporation Hours Owner Works: 0 |
| : | Years Established: 4 Years Owned: 2 Emp FT: 6 Emp PT: 1 Mgrs: 0 | |
| Non Compete | : | Miles: 10 Years: 10 Weeks Training: 1 Cost: 0 |
| Operating dys/hrs | : | Mon-Sat 8am-8pm Sun 9am-6pm |
| Skills/Licenses | : | Restaurant Experience Helpful |
| Business is | : | Relocatable: N Home Based: N Franchise: N Lender P/Q: N |
| Data Source | Proforma | ||||
| Year (Cash Flow) | 2011 (N) | (N) | (N) | ||
| Gross Revenue | 281,725 | 0 | 0 | ||
| Cost of Goods | 84,517 | 0 | 0 | ||
| Gross Profit | 197,208 | 0 | 0 | ||
| Expenses | 182,453 | 0 | 0 | ||
| Net | 14,755 | 0 | 0 | ||
| Owner Salary | 0 | 0 | 0 | ||
| Benefits | 183 | 0 | 0 | ||
| Interest Expense | 0 | 0 | 0 | ||
| Depreciation | 29,791 | 0 | 0 | ||
| Other | 0 | 0 | 0 | ||
| Owner Benefit | 44,729 | 0 | 0 |
| Accounts Rec | 0 | N* | Real Estate | 0 | N* |
| Inventory | 2,000 | Y* | ___________ | 0 | N* |
| F F & E | 30,000 | Y* | Total Assets | 42,000 | Y* |
| Leasehold | 10,000 | Y* | *Included? |
| Lease/Month: 3700 | Square Footage: 1300 | Building Type: Plaza |
| Terms & Options: Rent Includes Everything | Expiration Date: 8/31/2014 |
Michael Monnot
941.518.7138
Mike@InfinityBusinessBrokers.com
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