businesses for sale


Restaurant-Fine Dining/Gourmet for sale

Location: Orlando, Florida

Category: Restaurants for sale

Asking price: $375,000.00

Description of the business for sale
This is an ideal restaurant for an owner chef: one of the best award winning restaurants in the Central Florida Metropolitan area located on the borders of Seminole County and Orange County. The restaurant has an excellent reputation for the quality of the food prepared, exciting menu choice, ambiance of the dining experience and consistence of service. Owned for the last three years. Refurbished three years ago, good equipment, decor in excellent condition. The seller and his wife who continue to run the restaurant on a day-to-day basis put the new concept together and spend their time on the administration side of the business only, they do not do any of the cooking or preparation. The gross sales have increased every year by approximately $100,000. The restaurant has a Kitchen staff consists of two chefs, one assistant chef and one dishwasher. Seller and his wife who act as host and hostess take care of the front of the house along with three full time waiters and one busboy. This restaurant wins awards and accolades from food critics every year. Very rarely does a restaurant come on the market with the reputation that this one has at an affordable price with owner financing. Hours of operation: Tues-Sun: dinner, Tues - Fri lunch. COMPETITION: Restaurant at major intersection in well known landmark shopping center. GROWTH POTENTIAL: The location has had a fine dining restaurant operating there for over fifteen years with one chef owner owning it for ten years.

Support / Training provided by seller
Seller will assist a new buyer if required for thirty day period.

Description of the facilities
Total area under roof is one thousand six hundred square feet with a seating capacity of fifty inside and an additional thirty seats outside on the patio area. Shopping center, retail space of 1600 s/f.Located on a main road with a good mix of other tenants. Rent including common area maintenance etc is $33,295 per year and the lease has nine more years. Surrounded by high end homes in the most affluent County in Central Florida. Interior is well decorated and all equipment is in good order and repair. Beer and wine license. ADDITIONAL FINANCIAL INFO: Financing: $175,000.00 over three years at 8 percent interest.. Sale includes: FF&E ($75,000), Inventory ($5,000).

  • By phone: Confidential
  • Ask for: John Price

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Business details

JOHN PRICE BROKER & ASSOCIATES
Maitland, FL
Broker Co-op? no

Listing Id: 79128
Reference Id: 484-4401
Year established: 1972
Employees: 0

Asking Price: $375,000.00
Revenue: $636,000.00
Annual Net: $80,000.00
Down Payment: Call/Email

Business Type:
Non Relocatable Business

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