#1 Rated Restaurant on St. Pete Beach. Great Profits-Part-Time Hours.

Pass A Grille, FL (Pinellas County)

Seller Financing Available
#1 Rated Restaurant on St. Pete Beach. Great Profits-Part-Time Hours.
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Asking Price: $314,995

Cash Flow: $125,000

Gross Revenue: $215,000

EBITDA: N/A

FF&E: $30,000

Inventory: $7,500*

Rent: $961 /Month

Established: 2012

*not included in asking price.

#1 Rated Restaurant on St. Pete Beach. Great Profits-Part-Time Hours.

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Business Description

# 1 Rated Restaurant in St. Pete Beach. Great Profits for Minimal Hours.

The # 1 Rated Restaurant on St. Pete Beach, Part Time Hours, Class A Location, Very Low Overhead, 2COP License, Steady Growth Year Over Year, and the owner will make $125,000 in 2018, and closes at 7.00PM on Friday and Saturday (3.00PM Mon - Thurs -- closed Sundays)...…WHAT MORE COULD YOU POSSIBLY ASK FOR IN A SMALL RESTAURANT BUSINESS?

This is an amazing opportunity to turn your dreams into reality. Own and run a restaurant with part time hours, OR.....increase your operating hours to increase your profits. Either way, this business is a real winner.

Established in 2012, the business has increased revenue by 30% every year. They are rated the # 1 food establishment on St. Pete Beach. Very easily managed business located on the Gulf side of Gulf Blvd in St. Pete Beach. Competitively priced for a quick sale, and the owners are willing to finance a portion of the sale to the right buyers.

The current menu includes hot and pressed sandwiches, cubans, fresh salads, great wraps, tacos and burritos, infused with some caribbean flair and flavor. Nothing fried so no need for a hood system. Very easily instructed (and very successful) menu.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
12/30/2023
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1,000+/- sq. ft. combined kitchen and dining space. New AC system. Fully fitted kitchen and dining room, with everything included in the sale, make this a true turn-key business. Current rent is $961 per month inclusive of taxes and CAM. 15 parking spaces shared with other tenants on a first come-first served basis.
Competition:
While there are plenty of restaurants in the beach area, this one is one of the best. Considering how much people use social media today, having your restaurant show up as the top pick automatically eliminates a lot of competition.
Growth & Expansion:
The restaurant is currently only open very limited hours. The owners are actually going home when everyone on the beach is going out for dinner! With a beer/wine 2COP license coupled with increased night time hours, a new owner can very easily expand this business.
Support & Training:
two weeks at no charge.
Reason for Selling:
Owner has opened a bigger restaurant 20 miles north of current location.
Business Website:
http://BusinessBrokerWorld.com
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Contact the Seller

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Shane Keegan

Business Listed By:
Shane Keegan

Business Broker World

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Sponsoring Broker:
Denis J.Burke,MBA

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