Price: $1,600,000
Location: The Villages, FL
Industry: Restaurant and Food
Listing ID: 42360154
Listing Status: New
Very profitable with room to grow. A turn-key business for sale perfect for an E2 visa investor. This prestigious Country Club restaurant was completely updated in 2019 and comes with a 4COP liquor license, a fully equipped kitchen and updated FF&E. In a short time under present ownership it has regained its outstanding reputation and generates great revenue with a loyal and stable clientele. The restaurant offers a variety of indoor and outdoor dining options with nightly entertainment. It is currently open daily from 11:00 am to 9:00 pm. It’s upscale traditional menu with classic American fare makes it one of the area’s favorite among the discerning golfers and neighboring residents. In the heart of one of our Nation’s largest and most successful master planned community, it is very well located on an elite Golf Course with direct Golf Cart access to other courses. The current owner is a successful Restaurant Operator and will work with the new owner to ensure a smooth transition. It’s highly trained staff with Front and Back-of-House managers is expected to stay on after the sale.
Down Payment: N/A
Total Sales: $2,735,921
Cash Flow: $367,940
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $740,000
FFE Included: Yes
Inventory: $50,000
Inventory Included: Yes
Year Established: 2001
Non-Owner Payroll: N/A
Employees: 50
Managers: 4
Absentee Owner: No
Lease Option: 1 x five year option
Real Estate: N/A
Monthly Rent: N/A
Type of Location: Free Standing
Square Footage: 5,930
Relocatable: No
Reason For Sale: Seller wants to focus on other businesses
Training & Support: Two weeks at no cost