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St. Augustine Florida Restaurant for Sale - Over 30 years of History

This Certified pre owned Florida Restaurant for Sale in St. Augustine is ready for a new owner, and that new owner looks a lot like YOU! Bring your offers to this established business that is sending the current owner home with $115787 year after year on annual sales of $850042.00.
 
Don’t delay on acting on this Florida Restaurant for Sale. The Restaurant Brokers know that deals like this don’t go on the market every day! Not only do you get an open and operating business that is generating income, but you also get a business that is in a prime location! St. Augustine is on the up-and-up and businesses in this area are doing nothing short of thriving! How about these statistics: St. Augustine is growing as a vacation spot. Once a hidden gem is now a vacation home to many, with newcomers coming daily. With over thirty years in business at this location, the recipe for success is established. You also get a one of a kind opportunity to immediately increase earnings by offering more operating hours. 
 
Searching for a business that you don’t have to shell out all your capital at once? This one is it! We Sell Restaurants has the most lending resources that can get you approved in just two weeks – usually less! We help you find the restaurant of your dreams AND help you with the resources to make it happen! Let’s get you on the fast track to owning this Florida Restaurant for Sale for sale today!
 
This Florida Restaurant for Sale is an A+, home run listing. Need more convincing? When you buy this Certified pre owned restaurants for sale you will be the new owner of a fully established and operational business with over three decades of success. The staff is seasoned, trained, and management is already in place! The current owner is letting go of this gem to retire, after many successful years. He will stay on board after closing; however, to provide you with 2 weeks  training. On top of that, he is currently running at nearly half of the full serving capacity of this restaurant. Add more dining services and watch your earning explode!
 
The current lease for this Certified Florida Restaurant for Sale is in place until 2038. Lease is set at just $5900 per month, for this 1200 square foot space. There you have it, the ideal Certified pre owned restaurants for sale that is ready for YOU to take the reins! Bring those offers today!

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This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval. The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios. The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise. The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.

Please click on the tab below to easily acknowledge confidentiality on this Florida restaurants 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 Gary and Austin Luke at (904) 310-4332

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.

Listing

  • Listing#: 10476
  • Price: $499999
  • Location: St. Augustine

Lease Term: 15 years

Monthly Rent: $5907.75,

Indoor Seating: 50

Inside Sq. Ft: 1200,

Hood System: Yes

Neighboring Businesses: Shops, ice cream shops, tourist sites.

# of Part-Time Employees: 2

# of Full-Time Employees: 7

Net Sales: $850042.00

Owner Benefit: $115787

Features

  • Prime location.
  • LOW lease rate.
  • This Restaurant has a Legacy.
  • Easy Operation for any Owner!
  • Historic Restaurant in the Oldest City.
  • Great Earnings with Room to Grow.
  • Management in Place!
  • Surrounded by Established and Growing Neighborhoods.
  • Heavy Foot Traffic, Daily.
  • Recession Proof.
  • Over 30 years of a Great Reputation!
  • Expand hours & immediately increase earning
St. Augustine Florida Restaurant for Sale - Over 30 years of History

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OWNERSHIP

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CONFIDENTIALITY

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