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High Energy Seafood And Pasta With Steak For Sale

Hillsborough County, Florida
Asking Price:
$880,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,319,215 (USD)
Cash Flow:
$343,449 (USD)

Growing "polished casual" restaurant is the anchor for the center where it's located. High customer ratings by both Yelp and Google support repeat customer base since 2004. Revenue figures supported by Tax Returns. Owner requires knowledgeable skilled buyer/candidate who must prove ability to close financially prior to disclosure of any confidential information. 4Cop license included. High growth market.

Property information

Real Estate:

Lease

Location:

State of the art facility with many recent upgrades. Site includes 222 inside seats and 12-16 outside seats. 4Cop license with food at 85% and alcohol at 15% total revenue. 100+ car parking spots. Located in a high growth area of Hillsborough County. Includes two private rooms for overflow and/or rent to pharmaceutical sales reps for doctor presentations. Restaurant has a 12' hood in well equipped kitchen.

Business Operation

Expansion Potential:

Seller spending a minimal amount on advertising (less than one half of one percent of revenue) so huge opportunity exists here to expand on stellar Google and Yelp customer ratings. Majority of growth via word of mouth and consumer ratings on line.

Competition / Market:

Normal amount of competition.

Reasons for selling:

Retirement.

Trading hours:

M-Th 11:30-10pm; Fri-Sat 11:30-11; Sun 11:30-9pm

Employees:
25 FT/ 22 PT
Years established:
14

Other Information

Support & training:

Will train for 2 weeks @ no cost.
4Cop liquor and business license.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$200,000 down/$100,000 for 60 mos. @ 6%./Other financing

Furniture / Fixtures value:
$290,000 (USD) - included in the asking price
Inventory / Stock value:
$15,000 (USD) - included in the asking price

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