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| You have accessed this listing information from the VR National database through: | This business is listed and represented by: |
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VR Business Brokers - Jacksonville, FL 2121 Corporate Square Boulevard Suite 115 Jacksonville, FL 32216 (904) 726-1670 www.vrbb.com dms@vrfirstcoast.com |
VR Business Brokers - Orlando, FL 8615 Commodity Circle Suite 16 Orlando, FL 32819 (407) 856-4418 www.vrbizforsale.com info@vrbizforsale.com |
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Business Listing Details |
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LISTING#: |
C0130: Restaurants 5-Star Restaurant and Banquet Facility |
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LOCATION: Central Florida |
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ASKING PRICE $2,000,000 |
AMOUNT DOWN $1,600,000 |
REVENUES: $1,519,046 |
DISCRETIONARY EARNINGS $762,703 |
TOTAL ASSETS $2,000,000 |
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Nestled in secluded grounds and surrounded by ancient oaks, the Victorian elegance of this banquet facility and restaurant provides an unforgettable backdrop for any occasion. This is a great place to celebrate weddings, reunions, anniversaries, a corporate event or just to relax in sumptuous surrounds while you sip a drink at the full liquor bar or sample the cuisine of an award winning chef. Blending southern hospitality with old world charm, the mood here is laid back and welcoming. The business also includes the plans to open an inn or bed and breakfast on the property. The revenues are currently split between 60% catering/events and 40% restaurant/bar. Projected 2010 sales are based on the current up-trend of 40% in monthly sales increases this quarter. The restaurant is expected to hit peak sales of $3,600,000 based on historical performance prior to the recession. |
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| Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies. |
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Contact:
David Schlegel Phone: (904) 726-1670 E-Mail: dms@vrfirstcoast.com |
VR Business Brokers - Jacksonville, FL 2121 Corporate Square Boulevard Suite 115 Jacksonville, FL 32216 www.vrbb.com |
| Listing Number: 41453021 | |
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