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Italian Cafe In St Johns County For Sale

St. Johns County, Florida
  • $509,000
  • (Furniture / Fixtures included)

Sales revenue:
$1,062,496
Cash flow:
$294,539
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Restaurant with fully stocked bar + attractive furnishings . 4SRX license. 2011 sales + 20.6%. First quarter 2012 + 17.4%. Area has Upscale communities. Ample parking. Financial records and tax returns to support sales numbers and bank financing. Located in Northern St Johns County. Seller will finance 10% of the purchase price for qualified buyer. Check comparable sales-it’s a buy. The owner benefit of $294,539 is based on the trailing 12 months financial statements through March 31, 2012.



Real Estate:
Lease
Lease terms:
5 yr option
Leasehold rent:
$72,000 per annum
Premises details:
4,000 sf in strip center

Reasons for selling:
Relocation
Trading hours:
MonTh 11-10, Fri 11-11, Sat 12-10, Sun 12-9
Employees:
11 FT, 10 PT
Years established:
2008
Support & training:
2 weeks at no charge
Furniture / Fixtures value:
$129,320 (included in the asking price)
Inventory / Stock value:
$15,000


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