American Restaurants, Mediterranean Restaurants
Active
THE OLYMPIC RESTAURANT
Highlands County, Florida, United States
Asking Price$897,000
Revenue$2,190,836
EBITDA-
Cash Flow$406,553
Description
Imagine yourself as the proud owner of this beloved 50-year landmark restaurant that's become a cornerstone of the community. You'll inherit not just a business, but a legacy that spans five decades on a major State Road in Highlands County.
This isn't just another restaurant opportunity - it's a chance to step into an established operation where the hard work of building reputation and customer loyalty has already been done for you. Picture yourself welcoming guests into 160 total seats split between a cozy 120-seat indoor dining room and a charming 40-seat outdoor patio where customers love to gather.
You'll love the diverse menu that keeps families coming back - a perfect blend of American comfort food and Mediterranean favorites that appeals to every palate and budget. The full liquor bar adds significant revenue potential, and with ample parking, you'll never worry about customers finding a convenient spot.
What sets this opportunity apart? The incredible staff who've stayed loyal through the years. You're not just buying equipment and recipes - you're gaining a team that knows the business inside and out. This continuity is gold in the restaurant industry and gives you a tremendous head start.
The hands-on approach and exceptional customer service culture are already established, so you can focus on growth opportunities like expanding catering services, enhancing delivery partnerships, and modernizing social media presence.
You'll have security with a solid 10-year lease plus two 5-year renewal options. The business is already SBA lender pre-qualified, streamlining your financing process. NDA and POF required. Can qualify for E2 Visa. Industry experience is necessary.
This is your chance to own a profitable, established restaurant with built-in growth potential and community recognition that takes decades to develop.
Real Estate
Rent is $10,000 per month
Building Size: 5421 sq. ft.Furniture Fixtures & Equipment
$100k
Inventory
$10kIncluded in Asking Price
Number of EmployeesFull-Time: 20Part-Time: 5
Year Established
1976
Reason Selling
Retiring
Facilities & Assets
Restaurant sits on approx 1 acre with 50 parking spots with great visibility
Support & Training
2 weeks
Market & Competition
There are several restaurants in this City but none compare to the size, menu and reputation.
Growth Opportunities
Can add breakfast service, catering, and third party delivery serices.
Business listed by
The Royal Crown Group
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