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POPULAR RESTAURANT for Sale in Tampa Bay Area
| Reference #: |
41462324
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| Location: |
Tampa Bay Area
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| Price: |
$295,000 |
| Amount Down: |
$225,000 |
| Revenues: |
$380,234 |
| Discretionary Earnings: |
$149,747 |
| Total Assets: |
$42,500 |
| Business Description: |
Established for over 25 years in the same prime Tampa Bay area location this Popular Restaurant provides breakfast and lunch service for approximately 1,000-1,200 customers on a weekly basis. Annualized discretionary earnings for 2009 are $149,747. Located only 5 minutes from the beach, in a busy area, and surrounded by heavily trafficked shopping centers which are anchored by major stores such as Publix across the street, and a Wal-Mart Center immediately south. Local customer based sales year-round make up 80% of the restaurants annual sales volume, contributing to a strong steady cash flow. The Opportunity for huge growth and expansion exists for a new buyer through opening the restaurant for dinner service and selling liquor, beer and wine. Priced to sell the owners are willing to finance $70,000 over 60 months. This opportunity won't last on the market! |
Contact Us About This Business For Sale
The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business. |
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