4th Street- Turn Key - Below market -- Opportunity

Saint Petersburg, FL (Pinellas County)

Seller Financing Available
Great Location
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Asking Price: $199,000

Cash Flow: $137,400

Gross Revenue: $890,000

EBITDA: N/A

FF&E: $140,000

Inventory: $7,000*

Rent: $7,000 /Month

Established: 1989

*not included in asking price.

4th Street- Turn Key - Below market -- Opportunity

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Business Description

Turn key! High Volume!

30-year-old Family restaurant with bar. Locals love this place. Great location, Turnkey, huge potential, great atmosphere, nostalgic with a hipster feel. If you are the right operator this will be a great money maker. Undervalued. Currently Absentee ran!

Detailed Information

Location:
Saint Petersburg, FL
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,800
Lease Expiration:
3/1/2031
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Family sports bar! fully equipped kitchen, fully equipped bar, dinning area.
Financing:
4cop liquor license available for $325k
Support & Training:
14 days training
Reason for Selling:
ask seller
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Contact the Seller

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Jim Venetos

Business Listed By:
Jim Venetos

Florida Business Exchange, Inc.

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Sponsoring Broker:
A. Bert Risdon, B.C.I.

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Demographic Information

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