Established Restaurant with Owned Real Estate in Jacksonville, FL

This listing presents a unique opportunity to acquire a well-established restaurant in Jacksonville, FL, with two distinct purchase options. Option A involves acquiring the business, its inventory, and the owned real estate, including private off-property parking. The asking price for this comprehensive package is negotiable, ranging from $10 million to $12 million, with potential for seller financing. Option B focuses solely on the purchase of the real estate for $6,800,000, with the seller willing to operate the business under a lease or purchase agreement for up to two years. The restaurant, established in 2004, boasts a seating capacity of over 150, spans 17,000 square feet, and includes a patio. It currently operates with 11-50 employees. The business generates $350,000 in gross revenue and a strong EBITDA of over $300,000. Significant growth opportunities exist as the current owner does no advertising or promotion, and additional amenities can be added. The owner is retiring, making this a prime chance for a new operator to step in and capitalize on existing infrastructure and market potential.