Award Winning Ethnic Cuisine Restaurant /Catering

Tampa, FL
Hillsborough County

GREATER TAMPA BAY AREA


Asking Price: Annual Revenue:
$399,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Award Winning Ethnic Cuisine Restaurant /Catering Broker: Ameer A Lakhani
License #: BK695143

Quick Facts

Asking Price: $399,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $300,000
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 10
BBN Listing #: 610563342
Broker Reference #: Not Disclosed

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Business Overview:

A multiple-awards-winning restaurant located in an upscale area, featuring exquisite ethnic cuisine and fine libations server in an elegant environment. Open for dinner everyday and available for catering to large private events, the restaurant has become a "must visit" spot for the local community and visitors. A hands-on chef / management paying attention to details can easily net $300,000 or more per year. Option for outright unbranded purchase with all FF&E, or a royalty based franchise purchase will all FF&E as well as retaining the brand and ongoing support. Confidential sale.

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Property Features and Assets:

Over 3,000 square feet restaurant seating 120 people with a long-term lease and two 5-year renewal options. Current total rent including all charges is $7,000 +/- per month.

Market Competition and Expansion:

There are a number of restaurants in the greater Tampa Bay area service similar ethnic cuisine, but no one comes even close to this one in the quality of food & libations, service and ambience. An individual or group with a passion to excel in culinary delights may do magic here!

Reason for Selling:

Expanding into other area.

Additional Details:

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

Documents:

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