7-osceola restaurant and bar for sale

Large restaurant and bar for sale. Business has over 245 seats and over 8,000 square feet to work with. The facility has multiple bars and multiple dining areas including a separate bar and lounge area with pool tables. There is a large kitchen with a 24ft. hood and a walk-in cool and freezer. Perfect for a large restaurant concept. Located on a major highway. Currently a Mexican Restaurant with Bar, but previously a Seafood Buffet. Buyer can keep the current concept or change it to their own concept.
| Data Source | Owner Estimate | ||||
| Year (Cash Flow) | 2009 (N) | (N) | (N) | ||
| Gross Revenue | 1,150,000 | 0 | 0 | ||
| Cost of Goods | 496,500 | 0 | 0 | ||
| Gross Profit | 653,500 | 0 | 0 | ||
| Expenses | 570,000 | 0 | 0 | ||
| Net | 83,500 | 0 | 0 | ||
| Owner Salary | 0 | 0 | 0 | ||
| Benefits | 0 | 0 | 0 | ||
| Interest Expense | 0 | 0 | 0 | ||
| Depreciation | 0 | 0 | 0 | ||
| Other | 0 | 0 | 0 | ||
| Owner Benefit | 83,500 | 0 | 0 |
Asking Price: $150,000
For more information, contact UR-COUSIN Emile Farah at the following: 305-754-1000 or send an e-mail to farah@farahreacquisitions.com

