Listing Number: 7101-589365
Description
An incredible opportunity to acquire a well-established and highly regarded restaurant in the heart of St. Augustine's historic district. With strong year-round tourism and loyal local support, this business enjoys a prime location and consistent performance.
The restaurant has been thoughtfully upgraded by the current owner, enhancing both the aesthetic and operational flow of the space. A solid management team is in place, allowing for a relatively hands-off ownership experience. The seller currently works approximately 35 hours per week, focusing primarily on oversight and high-level decision-making.
This is an excellent turn-key opportunity for a buyer seeking a thriving restaurant with a strong reputation, experienced staff, and room for continued growth.
Listing Details
- Price: $649,000
- Down Payment: $75,000
- Sellers Discretionary Earnings: $180,566
- Total Sales: $1,388,910
- Location: St. Johns County, Florida
- Inventory: $25,000
- FF&E: $85,000
- Employees:
- Year Established: 2021
- Reason for Selling: Other Business Interests
- Category: Restaurants
Contact Agent:
- Andrew Massouras
- Phone: (904) 456-9677
- Email: [email protected]
