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Advert Ref: 35108008

Well Known Seafood Restaurant For Sale

Details: Asking price:$1,165,000; Sales revenue:$1,409,513; Net profit:$295,498; Fixtures value:$372,281; Inventory value:$1,000

Business description: Public company seeks to divest interest in 26+ year old non franchise fast food operation. 3 units available, will sell as a group (see #351-08009) or as single units (see also #'s 351-08006 & 351-08007). Real estate (free standing building) on major commercial highway is included in price. Seller will lease/option. Audited financials. Terratory mgr. oversees the group, each store has a GM. No add-back has been made for replacing any management. Buyer prospect to provide financials. Please refer to listing #35108008 & ask for Randy Bring when inquiring.

General information: Years established:30; Employees: 6; Trading hours: M-Sun, 11a-11p; Real Estate: Real Property Included; Lease terms:1927 sq. ft. freestanding building included in sale; Location:Miami-Dade County, FL; Expansion potential:Unlimited; Competition / Market:Unknown; Support & training:Seller will train for 2 weeks; Reasons for selling:Corporate Divestiture; Financing available?N/A