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Listed by:

Emerald Coast Restaurant Brokers & Consultants

Broker license number: BK3264325

Multiple Restaurant Concepts And Office Building For Sale

Panama City, Florida, US
Asking Price:
$2,000,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,100,000 (USD)
Cash Flow:
$244,297 (USD)

Tremendous Opportunity to Own & Operate Well-Established & Successful, One of a Kind, Multiple, Restaurant Concepts, along with, Office Building

Fully Equipped & Completely Turnkey - This 1.95 Acre Property, includes 3 Buildings, with A variety of Options, in Relaxing Family Atmosphere – Providing Great Food and Down Home Cooking in Beautiful Panama City –

Property comprises Two Restaurants, a 150-seat, combination, Oyster Bar, Steakhouse, BBQ, & Seafood Market, along with, 72-seat Breakfast/Waffle Shop Diner, with Drive-Thru - Restaurant Sales of $1,100,000 – Over $220,000 in Owner Benefits.
Included in the Sale, is an Additional Parcel with an 1700 square foot Office Building, with Space for 3 Offices - Restaurant Sales of $1,100,000 with more than $220,000 in Owner Benefits.

This Bay County Favorite has been in Business for More than 9-Years. Seller has kept Excellent and Substantiated Financials - Bounced Back from COVID-19 Shutdown Nicely

The Restaurants Do Not Serve Alcohol… The Seating and Square Footage, Qualify for a Liquor and/or Beer & Wine License - Inside and Screen Porch Dining Areas, Flexible for Private Parties or Special Events.

Dedicated Staff Will Remain to Insure a Smooth Transition of Ownership and Continued Success, however the Name Will Not Convey

Unlimited Restaurant Concepts with Endless Opportunities - Excellent Reviews. Strong Take-Out / Catering & Delivery Business with a Loyal Clientele. Well-equipped and Well-Maintained Kitchen - Desirable Location on Busy Highway - Plenty of Parking

NDA and Financial Statement Required

Property Information

Real Estate:

Real Property Included

Location:

Panama City, Florida

Business Operation

Reasons for selling:

Owners Retiring

Employees:
15
Years established:
9

Other Information

Furniture / Fixtures value:
$150,000 (USD) - included in the asking price
Inventory / Stock value:
$20,000 (USD) - included in the asking price
Related Documents:

Listed by

Emerald Coast Restaurant Brokers & Consultants

Broker license number: BK3264325

Contact Emerald Coast Restaurant Brokers & Consultants

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