Restaurant and Gift Shop on the Gulf Coast

Price: $340,000

Listing ID: 1-19

Listing Status:

Description

This existing restaurant is located in the center of it all. If locals and tourist equal success in your restaurant concept then this is for you. Owner has over $400k invested in build out in 2017. This is priced for a quick steal considering owner recently put new awnings up to the tune of $40k and the equipment in the restaurant is over $200k. Owner is wanting to slow down and sell this location off along with a gift shop with inventory. All of it goes for less than the build out and equipment cost. Only issue is you must rebrand. He will not allow the brand to transfer. Also owner financing is available for the right buyer. Owner wants it sold before end of year and that is why it is priced where it is.

LISTING DETAILS

Total Sales: $445,000

FFE: $153,000

Inventory: N/A

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LISTING BROKER

Gene Townley

Gene Townley