Established & Profitable Cafe and Hookah lounge

Saint Petersburg, FL
Pinellas County

Strip Mall

Asking Price: Annual Revenue:
$55,000 $79,000

Food & Beverage: Coffee, Cafe, Dessert

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RE: Established & Profitable Cafe and Hookah lounge Broker: Seller of Business

Quick Facts

Asking Price: $55,000
Annual Revenue: $79,000
Net Profit: Not Disclosed
Cash Flow: $44,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 3
BBN Listing #: 391632837
Broker Reference #: 95151030

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Business Overview:

Well established & profitable Vegetarian, Mediterranean & Middle Eastern Specialties cafe and hookah lounge in North of St. Petersburg with beer and wine license as well as wine based liquor and tobacco license. The seating capacity is 38 inside and 8 outside. The cafe is equipped with modern seating, colorful paint and lights as well as three 50" TVs. The cafe is surrounded with a lot of office buildings with about 13,000 workers within 1 mile radius, also several apartment complexes with about 20,000 residents. There is a huge upside potential in opening this cafe for breakfast, lunch and dinner. Presently cafe opens at 6pm. The owner has another business during the day & cannot give this cafe enough attention.

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Reason for Selling:

Other business interests.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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