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NEW Florida Business Opportunity on Anna Maria Island

Posted: June 24th, 2014 | Author: | Filed under: Investor Visas, Jaensch Immigration Law Firm | Tags: , , , , , | No Comments »

Today we learned about a new business opportunity for Florida immigrants who are searching for good investments that can help them qualify for an E-2 or EB-5 visa.  It comes in the form of a 3,088 sq-ft restaurant on a barrier island near Sarasota with a cozy 3-bedroom apartment above – makes for an easy commute.

2014.0624.Restaurant

STOCK image of restaurant interior. Contact the broker for real photos.

The details:

  • 3,088 SF restaurant with full bar (4-COP) located in Holmes beach, with gulf views.
  • Additional 1,400 SF 3BD apartment above.
  • Sale price: $475,000.
  • Rent would be $5,000 per mo. (including the apt. above) plus Tenant pays
  • Property taxes, insurance & Maint. (about $13,000 yr)
  • The restaurant did about $500k for 2013 (open only for dinner 7 nights)
  • Cash flow: $183,000.
  • If you deduct the expense of rent and NNN charges ($73,000) the net to a new operator would be about $110k.
  • Real estate is also for sale for $1.3M

Interested parties should contact Mr. John Caragiulo, an experienced business broker, at jcaragiulo@hembreeco.com.

As always, the attorneys at Jaensch Immigration Law Firm stand ready to advise you on making any investment with the goal of securing a temporary E-2 or immigrant EB-5 visa.


Italian Restaurant for Sale near Lakewood Ranch

Posted: February 8th, 2013 | Author: | Filed under: Investor Visas, Sarasota Immigrants | Tags: , , , | No Comments »
Business opportunity for Sarasota immigrants

A photo of the interior or Gio’s Restaurant, currently for sale

Our friend Eric Massey recently told us about an Italian restaurant called Gio’s that is closing immediately and will be available for lease.  It is 2800 square feet at 12 Oaks Plaza on the corner of State Road 70 and I-75 near Lakewood Ranch.  This plaza includes a Publix and Geckos’s.  All equipment and furniture will remain in place including a wood oven.  The landlord is looking for $10,000 in key money and take over the lease.  Rent is $5,016.67 per month plus the 6.5% sales tax.

Investing in or buying a business is a viable strategy for obtaining an E-2 investment visa.  It depends what country an immigrant is from but an E-2 visa can be valid for up to five years.  Click the link to read more about strategies for obtaining an E-2 investment visa.

For more information about the business listing contact Eric Massey (941) 809-6351.

 


Best Time to Buy a Business is NOW?

Posted: October 4th, 2009 | Author: | Filed under: Investor Visas | Tags: | 1 Comment »

The old Dickens line, "It was the best of times it was the worst of
times…" really applies to buying a business in the Sarasota Bradenton
area at this time.

I have talked to numerous business brokers and prospective buyers and their comments are interesting.

The brokers report having a very difficult time pricing the businesses
and getting the owners to agree to a price, because nearly every
business reports lower income in 2008 and 2009 compared to 2007 and
earlier years.

The prospective buyers that I see are really working hard to fnd
businesses and there are a lot of buyers out there. But, they are
having a hard time finding a business they want to acquire. Due to the
uncertainty of future income levels, they are ultracautious and tend to
find one or more "critical flaws" that cause them to back away from the
purchase.

Despite these challenges, I think that now may be the best time to buy a business.

The economy is causing a lot of business owners to reevaluate their
work lives and many businesses with strong potential can be purchased
for much less now than in prior years.

They key ingredients to making a deal seem to be finding a buyer with
enough resources to carry the business as it resumes growth and finding
a seller willing to accept that the sale price of the business should
be based on what it earns now and not what it earned in 2005, 2006,
2007 or what it may earn in 2011 or 2012.

For information about business brokers in the area, contact me at Chris@VisaAmerica.com