Step into immediate profitability with this turnkey American restaurant generating $1.2-1.5 million in annual revenue. Located just blocks from the beach in Duval County, this decades-established operation delivers consistent cash flow while providing you the lifestyle freedom successful entrepreneurs seek.
The established full-time staff ensures seamless operations from day one, allowing you to focus on growth opportunities rather than daily management challenges. This means you can maintain profitability while exploring expansion or simply enjoying the financial rewards.
The strategic location attracts both locals and tourists year-round, providing multiple revenue streams through dine-in service, full bar operations, and delivery capabilities. The spacious dining area accommodates large crowds during peak seasons and sporting events, maximizing revenue potential during high-traffic periods.
Your purchase includes over $125,000 in professional-grade equipment and a delivery vehicle, eliminating significant startup costs and ensuring immediate operational capacity. This comprehensive package means faster ROI and reduced initial capital requirements.
Flexible financing options include potential SBA pre-qualification for qualified buyers or seller financing arrangements, making acquisition more accessible and preserving your working capital for growth initiatives.
This opportunity solves the common challenge of building brand recognition and customer loyalty from scratch. Instead, you inherit decades of goodwill, established vendor relationships, and proven operational systems that generate substantial net income of $250,000 annually.
Secure your financial future in the thriving restaurant industry with this proven performer ready for immediate ownership transition.
Financial Information
$490,000
Asking Price
$260,067
Cash Flow
$1,169,297
Gross Revenue
$60,000
Down Payment
Yes
Financing
$200,000
Adjusted EBITDA
Business Location
City:
Jacksonville Beach
State:Florida
Financing Comments
Seller may hold some of SBA down payment
Reason for Sale
Retiring
Detailed information
Year Established:
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:Yes
SBA Prequalified:Yes
Full-Time Employees: 4
Part-Time Employees:8
Contractors:N/A
Owner Worked Hours/w:10
Inventory Included: Yes
Inventory Value:
$5,000
Monthly Rent:
$7,800
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
$0
Building Size: 2500
FF&E Included?: Yes
FF&E Value: $100,000
Training/Support
2 weeks at no cost
Facilities
Large space with full bar
Market Outlook/Competition
Community Landmark. Very little direct competition