Breakfast, Lunch, 5 Nites Dinner. Owner Retiring!

Pinellas County, FL

Breakfast, Lunch, 5 Nites Dinner. Owner Retiring!

Asking Price:$399,900

Cash Flow:$200,000

Gross Revenue:$1,320,487





*not included in asking price.

Breakfast, Lunch, 5 Nites Dinner. Owner Retiring!

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Business Description


A truly rare opportunity to buy a well-known, long-established never-before-offered area "Landmark" breakfast, lunch, dinner restaurant that's being offered for the very first time by original owners. Up 6% Yr-over- Yr. This place has literally and financially fed the owner’s family for over two decades and should continue to do so for yours if you maintain the word of mouth excellent reputation for great "made from scratch" food & desserts like our Mamas used to make. All in an unpretentious, make you feel like family atmosphere. The long-tenured kitchen and wait staff will also help you do so. Retirement is finally here but sellers will remain for a seamless handoff to the lucky buyer who has the financial and operational ability to become the new owner. Kitchen/Cooking staff is totally non-family employees except some early AM prep assistance. Evidence of Financial Capacity req'd and Industry Experience Preferred for Due Diligence and landlord approval, call Bob Kelcourse, 727.804.1510 for generic information to discuss whether this is an opportunity you'd be qualified to pursue. A Fill out Non-Disclosure Confidentiality Agreement (NDA) will be required before any detailed information is disclosed. Highly confidential.

Detailed Information

Not included in asking price
22 F-P/T
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
3200 Sq Ft. /180 Seats incl/outdoor cafe seating/2COP (Beer & Wine). Ample Parking. Total rent including CAM, Insurance, RE taxes and Florida sales tax is 6.6% at current sales volume. This is a visible location within a shopping center easily accessible from major E-W and N-S arteries and anchored by major traffic-generating national tenants.
This is the competition for delicious homemade.B/L/D meals like Mama used to make.
Growth & Expansion:
Easily meets requirements for 4COP-SRX (Full Liquor License for only annual fee). Has Size/Seating.. Could expand hours/open 7 nights for more dinner/bar revenues. Major tenants create 1,000's of potential later night diners you could target.
Support & Training:
2 weeks uncompensated. Longer period if needed for your situation.
Reason for Selling:

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Robert L. Kelcourse

Business Listed By:
Robert L. Kelcourse

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