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Popular New Smyrna Beach Restaurant with Real Estate

Listing Number: 7101-351721

Description

A popular and successful restaurant in New Smyrna Beach, Florida, has been thriving for six years, renowned for its excellent service, inviting atmosphere, and freshly made food from its from-scratch kitchen. The team, with a combined 35 years of experience in cooking and restaurant operations, ensures that every order is made fresh. The restaurant is currently run by the seller, who works 30-40 hours per week managing, banking, accounting, specials, and scheduling. With an experienced staff in place, a smooth transition for new ownership is assured. Located half a block from 400 apartments, the business benefits from a steady flow of customers. The asking price includes $1,036,000 of real estate, so the lender is offering a full 25 year amortization! The financials do not account for occupancy.

Listing Details

  • Price: $ 2,100,000
  • Down Payment: $233,000
  • Sellers Discretionary Earnings: $ 531,432
  • Total Sales: $ 3,040,581
  • Location: Volusia County, Florida

  • Inventory: $ 20,000
  • FF&E: $ 100,000
  • Employees:
  • Year Established: 2018
  • Reason for Selling: Other Business Interests
  • Category: Restaurants
Popular New Smyrna Beach Restaurant with Real Estate

Business Listed By:

Bianca Evans
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