50's Style 24hr.Diner- Cashcow/ Stand alone building

Tampa, FL (Hillsborough County)

Seller Financing Available
50's Style 24hr.Diner- Cashcow/ Stand alone building
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Asking Price: $745,000

Cash Flow: $331,788

Gross Revenue: $1,197,120

EBITDA: N/A

FF&E: $200,000

Inventory: $20,000

Rent: $4,540 /Month

Established: 1979

50's Style 24hr.Diner- Cashcow/ Stand alone building

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Business Description

Very Low Rent/ 23 year lease/ A Goldmine- Cashcow

A True 1950's Style New York Diner located in the heart of Tampa, FL, in an intersection of 70,000 cars/day. Small easy to operate 24 hour Diner just keeps growing . Stan alone Icon of the city and talk of the town.Very low rent with a straight 23 year lease left. Low Operating cost. New owner will see more and more cashflow from continuous growth of this business. Sellers have no choice but to sell for personal reason, but this kind of Restaurant is a once in a lifetime opportunity. Call Owner to find out more, This would not last .

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,400
Lease Expiration:
7/30/2041
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Restaurant is beautifully designed as a real authentic 50's style Diner. Beer and wine license in place.
Competition:
Location, Location, Location. The Diner is surrounded by Residential, Commercial , night entertainments , very famous university. You can look up on Google earth to see.
Growth & Expansion:
Tampa Bay has so many people moving in from all over the country. So, the customer base and business will continue to grow. Business will double its volume in time even if you did not do anything else and just kept things as is. Call : 727-263-5489 or send text message with your info to find out more about this business.
Financing:
Maximum of $200,000 can be owner finaced.
Support & Training:
Seller will offer support for 2 weeks and more if needed.
Reason for Selling:
Family member that was supposed to oversee the Restaurant got very sick
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