Est. Rest/Bar W/ RE - Owner Financing up to 70% of Sale at Great Terms
| Asking Price: | $2,099,000 |
| Gross Revenue: | $1,665,902 |
| EBITDA: | $469,720 |
| Real Estate: | $1,000,000 |
| Cash Flow: | $469,720 |
| Inventory: | $10,000 |
| FF&E: | $125,000 |
| Established Year: | 1950 |
Very profitable, well established and very well-known restaurant/bar in Citrus County that includes the real estate with the sale. Terrific growth year after year with profits back at pre-covid numbers in 2022.
Sales in 2023 were $1,665,902 with the owners' total benefits for the year at $469,720.
The Sellers are willing to finance the sale themselves with a 30% (+/-) down payment to a qualified buyer with exceptional seller financing terms providing substantial savings over current SBA rates.
Additionally, this business has been pre-approved for SBA lending with 10% down and not just with a term sheet from a bank, but it has been through the underwriting process and is ready to close with a qualified buyer. The bank has agreed to fund this business as they have already been through the sellers' books and records and the business has qualified for an SBA loan.
Great menu, terrific staff, fully upgraded facilities and still plenty of opportunity to grow the business make this a great opportunity for anyone looking to make a small fortune. The numbers are fantastic and outperforming restaurants in many bigger cities and locations. THIS IS A VERY RARE OPPORTUNITY.
The sale includes the real estate which comprises of an extremely well-kept restaurant and bar with many recent updates and additions that sits on almost an acre of property in a very popular and fast-growing community. This is a very strong investment for the future.
This sale is being offered exclusively by Vested Business Partners. Prospective buyers will be required to complete an NDA and provide proof of funds. Please contact Shane Keegan for further information
