Latin Restaurant

Hillsborough County, FL

Seller Financing Available

listing image
Asking Price:$375,000
Gross Revenue:$1,600,000
Rent:$125,000
Established Year:2007
Cash Flow:$200,000
Inventory:$10,000
FF&E:$125,000
BUSINESS DESCRIPTION

SELLER IS AN ABSENTEE OWNER: Large amounts of cash on a regular business. Ideally needs a family looking for a great opportunity that has experience that understands the restaurant business or a really good owner manager . I think it needs at least one owner in the back and one owner in the front to make this opportunity more of a cash cow than it already is. Beautiful yet casual atmosphere. Full liquor with a bar. Exceptional place for dinner or just come by for cocktails. Seller has over 43 years of experience and is ready to turn this over to the right family. All kinds of upside: location, location, location, minutes from the Gulf of Mexico. 100's of new homes and & commercial development within walking distance. High growth, opportunity to open up for breakfast along with staying open later. This free standing building was constructed 17 years ago by the present owner. Well maintained with plenty of parking. This Latin themed restaurant could be transported to a different theme or integrate the present menu with some menu modifications. All the tools and more are there for someone to own a legacy location and grow it. 1. Sales are very accurate. Please understand, this is an absentee owner. Seller has never advertised and never promoted his business.

As far as rare opportunities are concerned, this is among the best. So Don’t Miss Out, Check It Out, Today. At this price and owner financing, this opportunity will not last!

Don’t Miss Out…Check It Out…Today!!! Call Dave Tomeo at 813-263-3379 to discuss this opportunity further. dtomeo1@gmail.com

IMPORTANT NOTICE: This is an operating business being offered for sale "CONFIDENTIALLY". Interested parties MUST fill out a Confidentiality Agreement (NDA) before any specific information, such as name and location of the business will be shared. NO EXCEPTIONS! Once you have signed the NDA, one of our associates will call you to discuss the business opportunity in greater detail before releasing confidential financial information.

Realtec is one of the Leading Business Brokers in Tampa Bay, year after year for the last 52 years. Give us a call and let us help you Buy A Business or Sell A Business in Tampa Bay, and throughout Florida. We specialize in the purchase and sale of: Restaurants, Bars, Nightclubs, Liquor Licenses, and many other businesses.

Information contained herein has been obtained from the Owner of the Business or from sources deemed reliable. We have no reason to doubt its accuracy but make no warranty or representation. All information is submitted subject to errors, omissions, changes, withdrawal without notice and any special listing conditions of the Owner.


DETAILED INFORMATION
Location
Hillsborough County, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,000
Lease Expiration
31/01/2030
Employees
19
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Free standing building with plenty of parking
Competition
Never advertise, No marketing.
Growth & Expansion
Advertise, market, you could definitely add breakfast with all the traffic and residential community close by.
Financing
$175,000, 5 yrs, 8 5
Support & Training
2 weeks included and more if necessary
Reason for Selling
Retirement and health
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Dave Tomeo
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Dave Tomeo