Iconic Jacksonville Restaurant for Sale -Owner Earnings over $120,000

Great opportunity to own a very well established and thriving dining restaurant with top sales at $830,000 and take home earnings of over $120,000. This fabulous turn-key restaurant for sale will not last!  Up to $120,000 in Seller financing Available.  
 
This full-service casual restaurant chain was established over fifty years ago.  The North side location with over 135 seats serving breakfast, lunch and dinner is now for sale.  This Restaurant for Sale is a short drive from the international airport and the new Amazon warehouse in high traffic area with great visibility on a main artery. 
 
Current owners can provide excellent books to show impressive cash flow for an owner/operator to take home over $120,000 a year in income.  We Sell Restaurants can put you in contact with some of our lender resources.  A qualified candidate with 20% down could be approved for purchase of this Restaurant for Sale in days!  Seller is also willing to offer Financing up to $120.000.
 
 The current owners of this restaurant for sale are working towards retirement giving you this incredible opportunity to take over this fantastic deal. Open from 6 AM to 8:30 PM daily and operates with 9 full-time and 11 part-time employees.  The current owners have owned this restaurant chain for over eleven years and this location was completely fitted out in 2014. 
 
The current lease goes to April 2022 with three, four-year options. All rents agreed until 2034 with only 2% annual increases. Rent is just $5,524 and includes all CAMS for this 4,197 square foot restaurant for sale.
 
Turn-key, and fully equipped, and ADA  compliant, this restaurant for sale comes with everything you need to continue serving up great dishes.  Equipped with new hood, fryers, freezers, microwaves, multiple refrigerators and freezers, including walk-in’s, ovens, smallwares, table, chairs, and much more!
 
Located in a shopping plaza with excellent visibility on a main thoroughfare and a large pylon sign. This is your opportunity to bring a personal touch of an owner/operator as the current owner is an absentee owner. Bring your menu ideas to add to the already very popular selections. This business could be expanded tremendously with the addition of delivery and catering. The current owner is offering a week of training to the buyer to help with a smooth transition of this restaurant for sale.
 
A favorite in Jacksonville for over 50 years, this restaurant for sale has loyal clientele, and loyal employees that have made this iconic restaurant so successful.  This is a rare opportunity to purchase a profitable independent restaurant in Jacksonville.  Jacksonville, Florida is home to over 1.500,000 residents, an increase from 38,000 just 10 years ago.  Check out this opportunity before it’s gone. 
 

Please click on the tab below to easily acknowledge confidentiality on this Restaurant for Sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Robin Gagnon at (404) 800-6700

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Listing

  • Listing#: 7485
  • Price: $239000
  • Location: Jacksonville
Lease Term: Expires 2022 with 3, 4 year options
Monthly Rent: $5424,
Indoor Seating: 138
Inside Sq. Ft: 4197,
Hood System: Yes
Hours Open: 6:00am-8:30pm
# of Part-Time Employees: 11
# of Full-Time Employees: 9
Net Sales: $829404.35
Owner Benefit: $123257.94

Features

  • Owner Earnings over $120,000 per year
  • Located in Sunny Jacksonville Florida
  • Established over fifty years, truly iconic Jacksonville restaurant
  • All Rentas Agreed upon until 2034
  • Fully-Equipped and ready for new owner
  • One week owner training to ensure smooth transition
  • Loyal Clientele, and Loyal Employees Make Store this So Successful
  • Restaurant for Sale