Florida Restaurant for Sale $384,000 Ann. Profit Beach Low Rent! - Business for Sale
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Independent Beachfront Restaurant in Panama City, FL
Panama City, FL, US
Added 4 months ago
Restaurant Business
9 years in business
Absentee / Semi-Absentee
Independent restaurant located in Panama City, FL, operating for 9 years with a 3,500 sq ft space, serving both locals and tourists in a Gulf front beach destination.
Key Information
Asking
$929K
Revenue
$1.8M
Earnings
$322K
Multiple
2.9x
Key Highlights
- Business has been established for 9 years
- Monthly rent is $3,300 plus property taxes
- Premises size is 3,500 square feet
- A liquor license is included in the sale
- Business is operated absentee with a trained team in place
- SBA lender prequalified, with financing available for qualified buyers
Contact Info
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