DealStream Logo

No photo available

Details

This iconic SE Florida restaurant represents a rare blue-chip absentee-owned investment opportunity. Owner’s involvement is just a few hours a week as company’s successful operating system virtually automates all general day to day operations. Owner can be local or anywhere outside of Florida as no daily contact with the business is required and remote log in POS system and cameras allow monitoring of all activities. Concept is fast casual with 65 seat dining room. Current delivery is 42% of revenues. Steady, year over year growth, 2020 on pace for a RECORD year as this restaurant has ramped up both take-out and delivery of their famous menu. Net of $173,940 is EBITDA, not "adjusted SDE" and reflects trailing 12 months. Long-term staff runs the show in front and back of the house. Below market lease with renewal option available. Many ways to grow by expanding the menu, open for breakfast/late night and, of course, new owner could work in the restaurant if desired. Clean financials. E2 Visa ready. All Buyer prospects must provide proof funds prior to disclosure of listing details. Please refer to listing #0101-711088 when inquiring.

Learn More About This Listing

Sign up for a free basic membership to start buying and selling. Learn about our membership plans.

By clicking "Join Now - It's Free" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.