Company Overview
Charming and successful bistro restaurant for sale on Florida’s west coast in a prime vacation destination.
Established in 1998, this family-owned business has been serving a loyal base of local and tourist customers for 27 years.
Industry: Bistro / Full-Service Restaurant
Cuisine: International comfort cuisine with American and European influences
Food Style: 100% homemade dishes, crafted by a chef praised online and offline for exceptional quality
Beverages: Select wine and beer list
Seating: Indoor and outdoor dining
Service Style: Full table service with attentive hospitality
Parking: 24 dedicated customer parking spaces
Clientele:
– Affluent locals
– High-spending tourists
Business Highlights:
– Short working hours (open only evenings)
– Strong potential for growth with increased marketing
– Seller financing available
– Real estate included in the sale
Employees: 20
Operating Hours: 5:30 PM to 9:00 PM
Training & Support: Provided by seller post-sale
Reason for Sale: Retirement
Note: Proof of U.S. bank-held funds required for all prospective buyers
Financial Information
2023 Tax Return:
Revenue: $1,070,600
Taxable Net Income: $31,480
Add Backs: $193,200
Seller Discretionary Earnings (SDE): $224,680
Asking Price (Includes Real Estate): $1,600,000
Estimated Real Estate Value: +/- $1,100,000
Buyer Down Payment: $800,000
Seller Financing: $800,000
Term: 10 years
Interest: 8%
Facility Description
Size: 1,600 Sq.Ft. (149 m²)
Parking: 24 vehicle spaces
Ownership: Real estate included in asking price
Located in a high-demand vacation area on Florida’s west coast
