Business Description

Attention restaurateurs, entrepreneurs, and profit-seekers! A lucrative opportunity awaits with this iconic restaurant and bar located in Jacksonville, FL. This successful establishment generated nearly $2 million in sales in 2023, with the semi-absentee owner earning close to $250,000 in net profits while only putting in 10 hours a week. Priced at $770,000, this deal includes a newly renovated kitchen, upscale furniture, and top-of-the-line equipment valued at over $300,000. A recent $150,000 investment in new equipment adds even more value to this turnkey business. The restaurant boasts a spacious layout with high-end furnishings and fixtures, creating a sophisticated ambiance for diners. The seller is open to financing options, offering to hold a note of up to $400,000 for the right buyer. Additionally, excellent lease terms further sweeten the deal for potential owners. Positioned as a well-known landmark in the area, this establishment faces minimal market competition