40 year old Iconic full service American family Restaurant

Hillsborough County, FL

40 year old Iconic full service American family Restaurant
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Asking Price: $250,000

Cash Flow: $105,000

Gross Revenue: $700,000

EBITDA: $125,000

FF&E: N/A

Inventory: $10,000

Rent: $2,500 /Month

Established: 1982

40 year old Iconic full service American family Restaurant

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Business Description

A long-standing, profitable, 40 year old Iconic American Family Restaurant for sale. Business has excellent rating on Google and other social media. Business has stellar reputation in the community. It has very low rent.
Revenue and net can be increased by opening more days(currently closed one day a week). And by increasing business hours. Net can be increased by replacing manager. Excellent opportunity for an experienced operators. No financials are given unless buyer has proof of funds.

Detailed Information

Location:
Hillsborough County, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
9/30/2021
Employees:
24
Competition:
It offers unique fare.
Growth & Expansion:
Gross and net can be increased by opening seven days a week and by increasing business hours. By cutting manager and/or cashier position.
Financing:
No financial are shared unless proof of funds is provided
Support & Training:
One month free training
Reason for Selling:
Moving out of Area
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Business Listed By:
mike

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