Venice Restaurant

Undisclosed Address, Venice, FL 34293
Business Opportunity for Sale
Catylist Listing ID: 30462054
Property Subtypes: Food and Beverage
Building Size (RSF): 2,453 SF
Sale Price: $200,000
Name of Establishment: CONFIDENTIAL
Year Business Established: 2015
Gross Revenue: $620,000 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash to Seller. Possible financing available (TBD)
Last Updated: 7/22/2019

Overview / Comments

100% turnkey operation. Located in very busy shopping center with major anchors and national tenants. End-cap corner with great visibility and traffic counts. Everything is in place to begin operations on day of closing. Well equipped kitchen. 16' hood, 3-fryers, cooktops, grease trap, walk-in cooler, line refrigerators. 70+ seats. Tastefully well decorated.
2nd LAKEWOOD RANCH LOCATION ALSO AVAILABLE FOR SALE
NON-DISCLOSURE REQUIRED FOR ALL PROSPECTS
Please download NDA, sign and send to Listing Agent for more detailed information.

Attachments & Media

Additional Details

Industry Segment: Restaurants
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $190,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: 2,453 SF end-cap in shopping center with major grocery and retail anchors. Lease ends 2026 + options. Gross rent is $8,405.00 per month
Employee/Labor Description: 5 full time/3 PT
Competition/Market Description: Major grocery and retail anchors and co-tenants. Other food establishments are; national breakfast chain, Asian, sports bar, national dinner outparcel tenant.
Growth/Expansion Opportunities: Opportunity for increase in unit sales, as well as multiple unit expansion.

Contact

Photograph of Listing Agent

John Caragiulo, PA

HEMBREE AND ASSOC INC MFCRE Member
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