Well Known Restaurant Popular With Locals

Listing Number: 7101-84763

Description

Proven track record of success. Well run St. Augustine restaurant including prime real estate on main artery. Fully remodeled 3 years ago. Mgmt staff in place, no adjustment made to replace manager. Offering classic American cuisine, there is something for everyone! Great family establishment, open 6 days. P & L statements and Tax Returns are CPA prepared. Seller looking to retire and has begun slowing down. Call today for Confidentiality agreement. PFS required. 2017 annualized off Jan through June.

Listing Details

  • Price: $2,600,000
  • Down Payment: $620,350
  • Sellers Discretionary Earnings: $480,396
  • Total Sales: $2,404,860
  • Location: St. Johns, Florida

  • Inventory: $15,000
  • FF&E: $150,000
  • Employees: 40
  • Year Established: 2010
  • Reason for Selling: Retirement
  • Category: Restaurants

Business Listed By: