| Asking Price |
$225,000 | Inventory |
$2000** |
|---|---|---|---|
| Gross Income |
$350,000 | Real Estate |
|
| Cash Flow |
$100,000 | Year Established | 1990 |
| FF&E |
$20,000* | Employees | N/A |
* included in the asking price
** not included in the asking price
This tourist mecca is located right on the ocean, in the heart of the hotel zone. It has been satisfying hungry tourists for many years. The owner is suffering from some health issues. He is doing over $300,000 in sales i eight months and can show a minimum of $100,000 cash flow. This place is well established, well known and has the LOCATION, LOCATION, LOCATION. The lease is a very reasonable $2500 per month through 2013, with no increases! It also has a 5 year option beyond that. This 30 seat storefront on Ocean Blvd. is small enough for a couple to run with a very low overhead. The savings go directly to the bottom line. If you are looking for a simple money making family friendly concept this is it.
Facilities: Highly visible corner unit within spitting distance of the ocean
Competition: Right in the heart of the hotel/ tourist area
Growth/Expansion: He only opens 8 months a year. Doing delivery to nearby hotels in the winter would increase the bottom line.
Support/Training: 2 weeks
Reason Selling: Heart problems

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