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American restaurant business in Florida, 13 employees | ROI 28%

Sold
  • Category: Restaurants
  • Price: $ 220 000
  • Downpayment: $ 220000
  • Revenue: 619416
  • Owners benefits: $ 61368
  • ROI: 28.00 %
  • Employees: 13

    Restaurant business specializing at the preferences of Americans in the Tampa Bay area of Florida is now for sale, 13 employees. L-1 visa and green card.

    Company description

    A popular restaurant with an all-American menu that consists of delicious burgers, salads and sandwiches is now for sale. The location of this restaurant is very advantageous, as it is situated in the city center, so the flow of visitors increases daily. The business has been growing for 2.5 years. During this time, the management was handled by one owner only who sells the company due to lack of time. 

    A popular restaurant with an all-American menu for sale

    During this short period of existence, the business is already showing excellent financial performance, and the profit rates are constantly increasing. The owner saves money because the company does not have manager. These duties are performed by the owner of the restaurant, which takes about 45 hours a week.

    Terms of offering

    The restaurant business can be purchased for $220,000. This price includes tangible assets worth $68,414. The seller accepts a single payment only. Loans and installments are not accepted.

    Once the transaction is completed, the seller is willing to assist the buyer in understanding the workflows and new business minutiae for 2 weeks.

    Financial indicators

    2018

    Revenue

    $619,416

    Profit

    $61,368

    ROI28%

    High-profit figures of this restaurant guarantee a prosperous future for this business.

    American restaurant for sale

    Company management

    Management of the company is not that difficult for the owner. There are not so many employees - only 13 of them who know their job perfectly.

    The previous owner will assist in restaurant management and simultaneously teach everything that it is necessary to know in regard to this business, therefore, there will be no problems with the work of the restaurant.

    Fixed assets

    This business rents a premise with a total area of 2,400 square meters (218 square meters). Rent accounts for 8% of the company's revenue, which is just below the Florida state average rental price, which is 10%.

    The previous owner invested $63,414in equipment and modern renovation of the premises.

    Currentassets

    Stock reserves worth $5,000 are also transferred along with the companyThis is enough for the continuous work of the restaurant for a week.

    Immigration opportunity

    This business, with its rapid profit growth, as well as highly qualifiedstaff, allows you to obtain the status of a US resident (green card) and L-1visa. It is important to consult with an immigration lawyer constantly.This person plays an important role in your successfully obtaining a green card.

    Market description and growth prospects

    Florida is such a state of America that regularly attracts tourists from all over the world as well as from different parts of the country. 

    Tourists from different countries always want to get acquainted with the culture of the country to which they travel. The best option to do this is to visit this restaurant, which is located in the heart of the city, so it is difficult to move past it.

    Any visitor will not miss an opportunity to eat in a modern restaurant, decorated in a truly American style.

    This restaurant is in high demand among the Americanswho love to eat delicious food because it serves the tastiest burgers, sandwiches.

    Next step

    The offer, made by Florida Buy and Sell Business Brokers, is confidential. It is important to fulfill several conditions:

    1. Sign a confidentialityagreement.
    1. Provide information on the presence of the full sum of moneyon your accounts.

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