In Vacation destination, Florida’s West Coast, beautiful Restaurant / Bistro, for sale with Real Estate Included.

For sale in Florida West Coast, in Vacation destination, beautiful Restaurant / Bistro, with Real Estate Included.

Since: 1998.

Located: Florida West Coast. USA. In a premier tourist destination.

Industry / Business Sector: Restaurant Bistro.

Features and Business offers / services:
- International kitchen.
- A blend of comfort and elegance cuisine, with a American and European influence.
- 100% food homemade. Chef is constantly expanding his skills and is continuously praised by customers, as well as commended on social media for his talent of preparing food to perfection.
- Distinguished list of Wine and Beer.
- Outdoor and Indoor Seating,
- Table service with gentil and proper customer service.
- Parking Available.

Important points:
- High value customers
- Low current operation hours
- Plenty of growth with more marketing and advertising.
- Real Estate included in the Asking Price.
- Seller Financing.

Clients / Sales Channels:
- Local.
- Tourist.

Number of Employees: 20

Schedule:
- 5.30 pm to 9.00 pm. 

Restaurant Facilities:
- 1,600 Sq. Ft. (149 m²).
- 24 parking spaces in the location.

Support & Training:
Owners are willing to stay for a Period of Time to ensure comprehensive training to buyer(s).

Reason for Selling: Owners are planning to retire.

All prospective buyers will be asked to present real Proof of Funds available on banks.
 

Summary Financials from Tax Returns:

2023 Tax returns:
- Sales: $ 1,070,600
- Ordinary Business Income: $ 31,480
- Add Backs: $ 193,200
- Seller Discretionary Earnings (SDE): $ 224,680

Asking Price: $ 1,600,000 (Real Estate Included)

Real Estate Market Value: +/- 1,100,000

Prospect Buyer Down Payment: $ 800,000
Seller Finance: $ 800,000
- Term: 10 Years
- Interest: 8%

- 1,600 Sq. Ft. (149 m²).

- 24 parking spaces in the location.