MergerPlace

MUST SELL! Upscale Cuisine in Fastest Growing Jax Location

Jacksonville, Florida (Duval)


  • Asking Price: $150,000
  • Gross Income: $607,125
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $2,000
  • FF&E: $100,000
  • Listing ID: #204033
  • Established: 2014
  • Employees: 3

Business Description

ANOTHER PRICE REDUCTION! Full scale and very popular Ethnic restaurant is available! PRIME location in the middle of huge developments and more to come. 150 room hotel, residential development and office complex all finished very soon means the numbers will SOAR. Great lease with options. Sales are up 5% over 2018 and new ownership and marketing will see huge increases on this already successful operation. Currently ready for catering and only open 5 days a week with an absentee owner. High value FFE included in the sale.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
Metropolitan Area: Jacksonville
County: Duval

Company Information

Year Established: 2014
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3

Financial Information

Asking Price: $150,000
Gross Revenue: $607,125
EBITDA: $70,941
FF&E: $100,000
Inventory: $2,000
Seller Financing Available: Yes

Property Information

Growth & expansion opportunities:

Prime location in booming area. Several very large businesses, offices and residential in area and more coming soon.

Competition:

Little no none

Reason for selling:

Focusing on other businesses

Support & Training:

14 days at no cost

Contact Business Seller

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Business Listed By:

Wes Greer

Sunbelt Jacksonville