Profitable Established Tampa Waterfront Restaurant

Tampa, FL
Hillsborough County


Asking Price: Annual Revenue:
$450,000 $568,214

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable Established Tampa Waterfront Restaurant Broker: Don Mason

Quick Facts

Asking Price: $450,000
Annual Revenue: $568,214
Net Profit: Not Disclosed
Cash Flow: $195,988
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2012
Employees: 8
BBN Listing #: 29138096
Broker Reference #: 8158

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Business Overview:

Well established waterfront seafood Restaurant for Sale in Tampa Florida showing six figure owner benefit ready to be turned over to the next legacy owners!

This seafood Restaurant for Sale is a sure winner. If your looking for a six figure owner benefit then no need to look any further with a healthy owner benefit in 2019 over $195,000 and $112,000 in 2020 after being closed for a period of time due to COVID. Lines are out the door and you will be easily convinced this is the business for you ! Come with 20% down and qualify for an SBA loan.

Currently the Restaurant for Sale in 2021 is operating at pre 2019 sales and profitability numbers and if things keep going the way they are they will break their own sales profitability records!

The locals love it, but many customers come from miles away passing many other restaurant choices before arriving at this one. 2020 was no doubt a tough year, but for this Restaurant for Sale offered by We Sell Restaurants surly weathered the storm with strong sales and bottom line. Situated in an easy 800 square feet it has all the equipment and tools to help any new owner increase sales even higher. No need to break the bank as this business has one of the lowest rents in town with an unheard of $620 dollars per month! Rent does not get any better than that, and the lease runs through July of 2032! Customers can sit inside with seating for 30 or sit outside and enjoy the breeze coming off the water and the sun on their face with seating for 60! It just doesn't get any better than this!

This seafood Restaurant for Sale has been a staple in the area since 2012 serving seafood favorites from the south and other parts of the country! The owners are absentee and with their other businesses taking more of their time they have decided it's time to sell, don't let this one pass you by as its one in a million!

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Property Features and Assets:

Mega top prep table Glass top ice cream dipping cooler Harbor Touch POS system leased Four stainless steel tables Ice cream freezer Ice cream sink Ice cooler under fountain drink Twelve dining tables Forty eight dining chairs Twelve outdoor tables Forty eight outdoor chairs Five outdoor umbrellas East coast themed decor in dining room Outdoor menu boards Outdoor signage Wire shelving Four highchairs Stereo system Mega top prep table Two gas fryers Flat top griddle Two burner range Two stainless steel prep tables Hood system Microwave oven Toaster oven three compartment sink Stainless Steel prep cart Dish cart Hand Sink Two door True glass refrigerator True Two door prep table Two stainless steel prep tables Two freezers Two food warmers Two commercial grade wire rack units Hand sink Two chest freezers Wall mount safe Desktop Computer Printer Label Maker Wire rack shelving Desk File cabinets Camera system All esential small wares

Market Competition and Expansion:

Waterfront restaurant with plenty of parking and great view.

Reason for Selling:

Personal

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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