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Beloved Community Restaurant!

Pinellas County, FL
A charming American Restaurant in Florida
Asking Price:$200,000
Gross Revenue:$545,000
Rent:$3,927.21
FF&E:$40,000
Cash Flow:$115,000
Inventory:$10,000
EBITDA:$115,000
Established Year:1996
Listing ID: 2272808Listing provided by BizBuySell
BUSINESS DESCRIPTION

Outstanding Resturant with Instant Profits!

Explore an exceptional investment opportunity with this renowned restaurant, a local favorite known for its dedication to quality and a welcoming atmosphere. This culinary gem has built a loyal customer base, earning its reputation as a cornerstone of the community. The restaurant's prime location in a thriving area, coupled with a flexible operation schedule, offers significant potential for growth and increased revenue.

Key features include a warm and inviting ambiance, efficient seating arrangements, and a special alcohol license that enhances the overall dining experience. This establishment is ideal for an investor looking to enter a market with limited direct competition and a history of successful operation. Priced to sell quickly, this venture provides a clear path to further expansion and deeper community ties.

DETAILED INFORMATION
Location
Pinellas County, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,870
Lease Expiration
30/04/2025
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Facility includes a main café area with booths, large tables, decorative elements, and CCTV. The kitchen is equipped with a 6-burner oven, flat top grill, fryer, stainless steel work tables, and refrigeration units. The office holds CCTV, printer, and beer inventory. Bar area features neon signs, beer coolers, and register systems. The storeroom has various coolers, a dishwasher, and a clock-in machine. Additional assets include cookware, utensils, and recipe books.
Competition
This unique opportunity stands out in a market with limited competition, being the sole provider of a beloved dining experience in the area. This exclusive position allows for strong customer retention and attracts new patrons seeking a familiar, yet distinguished, dining experience. An ideal prospect for an investor looking to capitalize on a well-established market with high demand and minimal direct competition.
Growth & Expansion
Expansion opportunities for this household-name restaurant include extending operational hours, diversifying the menu, utilizing unused spaces for additional seating or events, starting a catering service, boosting online marketing, implementing online ordering, forming local partnerships, and creating a loyalty program to enhance customer retention.
Support & Training
Sellers agrees to stay on for 14 days to help transition the new buyer. They are open to negotiating terms for anything longer.
Reason for Selling
Retirement
Home-Based
This business is Home-Based
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