Profitable Sarasota Restaurant – SBA Pre-Qual + Seller Financing - Business for Sale
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Semi-Absentee Restaurant in Sarasota, FL
Sarasota, FL, US
Added 2 months ago
Restaurant Business
22 years in business
Absentee / Semi-Absentee
Restaurant in Sarasota, Florida with seven consecutive profitable years, operating semi-absentee with a trained team and established brand, located near Siesta Key and Anna Maria Island.
Key Information
Asking
$375K
Revenue
$783K
Earnings
$189K
Multiple
2.0x
Key Highlights
- Business has operated profitably for seven consecutive years under current ownership
- 22 years established
- Team of 10 employees; runs without a full-time owner
- Seller financing available: 50% carried for qualified buyer, $187,500 down, 36 months at 8%
- SBA pre-approved with $37,500 down and $53,500 annual debt service
- POS/CRM database with 25,000+ guest records transfers with the business
- Lease is in final option period; buyer can negotiate new long-term lease or pursue real estate purchase
- 4.6/5.0 Google rating (1,600+ reviews); 4.7/5.0 TripAdvisor rating
Contact Info
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