Established & Profitable Cafe and Hookah lounge

Saint Petersburg, FL (Pinellas County)

Established & Profitable Cafe and Hookah lounge
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Asking Price: $55,000

Cash Flow: $44,000

Gross Revenue: $79,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1,600 /Month

Established: 2015

Established & Profitable Cafe and Hookah lounge

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Business Description

Well established & profitable Vegetarian, Mediterranean & Middle Eastern Specialties cafe and hookah lounge in North of St. Petersburg with beer and wine license as well as wine based liquor and tobacco license. The seating capacity is 38 inside and 8 outside. The cafe is equipped with modern seating, colorful paint and lights as well as three 50" TVs. The cafe is surrounded with a lot of office buildings with about 13,000 workers within 1 mile radius, also several apartment complexes with about 20,000 residents. There is a huge upside potential in opening this cafe for breakfast, lunch and dinner. Presently cafe opens at 6pm. The owner has another business during the day & cannot give this cafe enough attention.

Detailed Information

Location:
Saint Petersburg, FL
Real Estate:
Leased
Building SF:
1,460
Lease Expiration:
5/31/2020
Employees:
3
Support & Training:
2 weeks at no cost
Reason for Selling:
Other business interests
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Truforte Business Group

Business Listed By:
Truforte Business Group

Truforte Business Group

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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