Breakfast, Lunch and dinner
Asking Price: | $240,000 |
Gross Revenue: | $600,000 |
Rent: | $3,000 |
Established Year: | 2004 |
Cash Flow: | $160,000 |
Inventory: | $5,000 |
FF&E: | $95,000 |
EXCELLENT SELLER FINANCING. Fully equipped, proven concept restaurant. All FFE is in excellent condition. BEST LEASE IN THE TAMPA BAY AREA. Seats 46 inside and has a small patio in front of the entrance. Has beer and wine. The sq footage includes a storage unit in the plaza. Everything in the storage area is included. Took it over early 2024 and has quadrupled the business. Presently doing $12-13,000 a week and net about $3,000+ a week after all expenses and the season hasn't started yet. That starts after the holidays. More cash flow if it was run by a team. This would be an excellent opportunity for a husband and wife/family business. It's only the seller plus employees but he works his butt off. Large walk in cooler/freezer. Seller is financing with a $140,000 down. Seller will verify the sales and the cash flow stated below, but only after an acceptable offer is drafted up with a good faith deposit. This is an excellent opportunity with low rent and very little competition. It's all upside. He's done all the hard work. Rent is $3,000 fixed for the next 4 years. Rent deposit to be be returned to seller and is not part of the asking price. This is for 6 months free rent at the end of the lease.