FLORIDA - 11 Restaurants
Location: Florida > Central Florida Locations
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $20,500,000
Gross Revenue: $13,600,000
Gross Revenue Comments: Total for all 11 stores
Cash Flow: $2,400,000
Cash Flow Comments: 18.9% Based on total sales
Inventory: $100,000 (Included in Asking Price)
FF&E: $1,100,000 (Included in Asking Price)
Real Estate: $7,000,000 (Included in Asking Price)
Seller Financing: 3rd Party Financing Available
Business Summary
This is an excellent opportunity to own a popular chain of fast-food restaurants located strategically on a busy US Highway in central Florida. All stores have had recent renovations and are compliant with the chain's international directives for operations & equipment. 3 stores have rolled out the new breakfast menu successfully and 4 more will implement the new breakfast menu by the end of 2008.
٠ Sales volume $13.6 Million
٠Profits $2.4 Million
٠ 7 Stores seller-owned with Real Estate of approximately 3000 sq ft per store (included to new owner with sale)
٠Other 4 stores on property with long leases
٠ Price $20.5 Million
٠ Financing available

Contact: Bruce Jenkins, CCIM
Florida Growth Realty, Inc.
Tel: 800-749-9399 or 727-596-9397
Fax: 727-596-4859
Email: robertlurie@aol.com
About the Business
Year Established: 1998
Employees: 50 full time - 50 part time
Franchise: Yes
Facilities: 7 stores with seller-owned Real Estate of approximately 3000 sq ft per store (included with sale) the other 4 stores have long leases.
Market Outlook and Competition: Well known chain of restaurants. Been around for years and many more to come.
About the Sale
Management Training and Support: Effective management team in place that will remain at owners discretion after sale, as well as 6 month training/support.
Reason For Selling: Retiring

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Listing Tools
BizQuest ID:903736
Seller ID:11 FL Rest
Business Listed By
Name:Bruce Jenkins, CCIM
Company:Florida Growth Realty, Inc.
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