Owner Financing is Available
Business for Sale Overview:
This business is part of an authentic Italian quick service franchise network whose size enables them to purchase the best ingredients while keeping inventory costs low. Established for over 6 years in the same location the business attracts over customers on a daily basis with the number increasing during the peak holiday season. The business has discretionary earnings of $69,796. The business is located in a prime mall that is designated as a preferred shopping destination for the Tampa Bay area which attracts a large and diverse volume of customers from the local university, surrounding neighborhoods and businesses. There is also a large tourism clientele from Busch Gardens Theme Park and the Museum of Science and industry. The restaurant offers a wide array of extraordinary delicious entrees made with the finest quality food ingredients. The contemporary design, sleek finishes, and bright lighting, with an open kitchen add to create a lively environment. The restaurant is known for its fast, friendly service and quality cuisine. This is a turn-key operation whose infrastructure is built upon a successful national franchise business model. A new energetic buyer could expand operations through development of a delivery service to surrounding businesses and neighborhoods and develop and implement an aggressive marketing campaign which could potentially increase sales volume dramatically. This is a rare opportunity for restaurant ownership with a well established recognized national franchise.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Assets: A full list of FF&E is available to a qualified buyer who has signed a confidentiality non-disclosure agreement with Tampa Advisory Partners.
Lease: The Restaurant is operations are located in 925 sq.ft. within a popular shopping destination mall in the Tampa Bay area.
Base Rent: $6,800.00. CAM Charges: $2,824.30. Lease Expiration: June 30, 2014.
Market Competition and Expansion:
Owner recently implemented advertising utilizing a flyer distributed throughout the mall and coupons being distributed to customers via direct mail. Revenues have not yet been recognized from current marketing sources.
Additional Details:
- The property is leased.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.