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50 Year Old Plus Iconic Restaurant

February 2, 2024 by Michael Shea PA

 

Listing Number: 3353-573228

Description

This decades old restaurant is an icon for the community it resides in. Outstanding customer loyalty that spans generations it is a community icon and destination for families returning to town. The choice for home cooking and comfort food it has an outstanding location, plenty of parking and seating of almost 100. Highly confidential, super clean books, Ownership works in management only limited hours it is a great investment opportunity or active ownership play for the experienced culinary pro. Highly Confidential. Brokers should instruct prospects as to importance of confidentiality.

Listing Details

    • Price: $1,300,000
    • Down Payment: $260,000
    • Sellers Discretionary Earnings: $410,370
    • Total Sales: $1,530,464
    • Location: Polk County, Florida

 

  • Inventory: $5,000
  • FF&E: $100,000
  • Employees: 24
  • Year Established: 1934
  • Reason for Selling: Retirement
  • Category: Restaurants

Filed Under: Buy a Business, Selling A Business, Selling Your Company Tagged With: businessforsale, hillsbourough, mcdonalds, osceola, pasco, polk, restaurant, retirement

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