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Big Price Reduction! Johns Pass Boardwalk Restaurant! Owner Financing!

Johns Pass, FL (Pinellas County)

Seller Financing Available
Look At This Foot Traffic! Owner Financing! Price Reduction!
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Asking Price: $75,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $40,000

Inventory: $1,000

Rent: $2,000 /Month

Established: 2018

Big Price Reduction! Johns Pass Boardwalk Restaurant! Owner Financing!

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Business Description

Get Your Share of the 2M+ Visitors Every Year on the Johns Pass Boardwalk!

Bring your offers! The owner is ready to sell and has reduced the price dramatically! Seller financing is available for the qualified buyer. If you are interested in getting a good deal for this quaint restaurant in such an incredible location, we want to talk with you! Give Mark Harmon a call or a text right now at (813) 421 4861 to find out more. The owner is motivated to sell.

This is the ONLY retail space available on the prime first-floor Johns Pass Boardwalk. This restaurant was not part of the recent sale of a major part of Johns Pass. It is still owned by the same landlord who has owned it for quite a while. This very special restaurant in a spectacular setting has built-in clientele from the continuous walk-by traffic on the Johns Pass Boardwalk. The view from the front of the restaurant across the Johns Pass Harbor is breathtaking. Flocks of greedy pelicans beg for food all day long as the fishing boats continuously go in and out directly below the restaurant. A setting like this really exists nowhere else.

Now is the time to jump on this restaurant before the Johns Pass Seafood Fest, which lasts from Oct 18th to the 20th. This is the most profitable weekend of the year for Johns Pass stores and restaurants.

There is no other restaurant of its kind in the entire surrounding Madeira Beach community and only 1 in next southern town of Treasure Island. The restaurant is fully equipped with gas, a large hood, and a new POS system. A 78-room hotel is going up directly behind the restaurant as well. This restaurant will be the first stop on the boardwalk for guests of that hotel.

It is a small space (365 SQ FT) just like most of the stores and restaurants in that part of Johns Pass. Much of the food is served as take-out but the restaurant seats 14 (6 inside and 8 outside). The hood and griddle could be moved to the back of the restaurant to open significantly more space for seating inside. The lease has an option to extend for an additional 5 years. The lease also covers the water expense.

If you have ever been to Johns Pass and loved it (who hasn't?), imagine owning a restaurant on the Johns Pass Boardwalk! Johns Pass is all Mom-and-Pop stores and restaurants - a wonderful community to work in - and your guests are all tourists in a great mood. Restaurant ownership doesn't get better! Seller financing available to a qualified buyer. All reasonable offers will be considered. If you are interested, contact Mark Harmon right away with a text or phone call at (813) 421 4861. We want to talk to you and get this restaurant sold! The owner is motivated to sell.

Detailed Information

Location:
Johns Pass, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
360
Lease Expiration:
1/31/2022
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All equipment new. POS system, Gas. Security system. Large hood. 8 seats out front on boardwalk.Seating inside as well.
Competition:
There is no other restaurant of its kind in the entire surrounding Madiera Beach community and only 1 in next southern town of Treasure Island.
Growth & Expansion:
There is a great opportunity to add breakfast in Johns Pass. There is a real shortage of breakfast places locally. A 78-room hotel is going up right behind this restaurant.
Financing:
$25,000
Support & Training:
The owner will stay on for several days to train the new owner.
Reason for Selling:
See owner.
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Contact the Seller

(from currently available funds)
 
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Mark Harmon, MBA

Business Listed By:
Mark Harmon

Florida Business Exchange, Inc.

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

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