Restaurant

SAINT PETERSBURG, Florida

Asking Price $85,000 Year Established 2005
Annual Revenue $782,550 Reason for Selling Several other flourishing business elsewhere.  
Annual P/L $0 Attention Dan Gore
Annual Cash Flow $65,987 Listing Number 993572  
# of Employees 20 Business Category Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

Restaurant for sale in busy plaza/high traffic of St. Pete. Priced well below asset value. 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 when owner was able to over-see business.  Buyer welcome to keep current authentic fun-concept or change to a completely new concept.  Customers love the authentic food-dishes selection + Sports Bar theme, 4COP.   Also: Owner of the plaza has committed to work with any buyer/ new tenant on rent reduction to help them get established. 

Property Features and Assets:

<p>Assets = $124,000</p>

Market Competition and Expansion:

<p>No real competition in the large plaza.<br></p><p>Strong potential to restore business back to '22 previous numbers.  <br></p>

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

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