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- RE: Restaurant
- Contact: Dan Gore
Quick Facts
Asking Price: | $229,000 | |
Annual Revenue: | $782,550 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $65,987 | |
Total Debt: | Not Disclosed | |
FF&E: | $121,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2005 | |
Employees: | 20 | |
BBN Listing #: | 993572 | |
Broker Reference #: | 1033-18963 |
Business Overview:
Restaurant for sale in busy plaza/high traffic of St. Pete, seats 200, approx. 5K sq ft., unlimited parking in strip center in one of busiest business districts in town. Around 20 FT employees. Used to be profitable -- but then owner pulled away by several other businesses he owns. Semi-absentee owner. Buyer welcome to keep current authentic fun-concept or change to a new different concept. Customers love the authentic food-dishes selection + Sports Bar theme, 4COP. Owner always pays self salary plus assume an add-back of one manager salary of 50K if there is going to be a working-owner-operator. >>
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Property Features and Assets:
Assets = $124,000
Market Competition and Expansion:
No real competition in the large plaza.
Strong potential to restore business back to '22 previous numbers.
Reason for Selling:
Several other flourishing business elsewhere. Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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