**HUGE REDUCTION** #1 Rated Restaurant on St. Pete Beach.

Pass A Grille, FL (Pinellas County)

Seller Financing Available
**HUGE REDUCTION** #1 Rated Restaurant on St. Pete Beach.
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Asking Price: $229,000

Cash Flow: $115,000

Gross Revenue: $211,000

EBITDA: N/A

FF&E: $30,000

Inventory: $7,500*

Rent: $965 /Month

Established: 2012

*not included in asking price.

**HUGE REDUCTION** #1 Rated Restaurant on St. Pete Beach.

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Business Description

Huge Reduction!!! The # 1 Rated Restaurant on St. Pete Beach, Part Time Hours, First Class Location, Very Low Overhead, 2COP License, Steady Growth Year Over Year (12% growth already in the first two months of 2019 over 2018), owner benefit of $115,000 in 2018, and the restaurant closes at 7.00PM on Friday and Saturday (Closes at 3.00PM on Mon - Thurs -- closed Sundays)...…WHAT MORE COULD YOU POSSIBLY ASK FOR IN A SMALL RESTAURANT BUSINESS?

This is an amazing opportunity to turn your dreams into reality. Own and run a restaurant with part time hours, OR.....increase your operating hours to increase your profits. Either way, this business is a real winner.

Established in 2012, the business has increased revenue by 30% every year. They are rated the # 1 food establishment on St. Pete Beach. Very easily managed business located on the Gulf side of Gulf Blvd in St. Pete Beach. Competitively priced for a quick sale, and the owners are willing to finance a portion of the sale to the right buyers.

The current menu includes hot and pressed sandwiches, cubans, fresh salads, great wraps, tacos and burritos, infused with some caribbean flair and flavor. Nothing fried so no need for a hood system. Very easily instructed (and very successful) menu.

Detailed Information

Location:
Pass A Grille, FL
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
12/30/2023
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Exceptionally clean, neat, and tidy restaurant. Very easy to run and maintain. 1,000+/- sq. ft. combined kitchen and dining space. New AC system. Fully fitted kitchen and dining room, with everything included in the sale, make this a true turn-key business. Current rent is $961 per month inclusive of taxes and CAM. 15 parking spaces shared with other tenants on a first come-first served basis.
Competition:
While there are plenty of restaurants in the beach area, this one is one of the best. Considering how much people use social media today, having your restaurant show up as the top pick automatically eliminates a lot of competition.
Growth & Expansion:
The restaurant is currently only open very limited hours. The owners are actually going home when everyone on the beach is going out for dinner! With a beer/wine 2COP license coupled with increased night time hours, a new owner can very easily expand this business.
Support & Training:
two weeks at no charge.
Reason for Selling:
Owner has opened a bigger restaurant 20 miles north of current location.
Business Website:
http://BusinessBrokerWorld.com
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Shane Keegan

Business Listed By:
Shane Keegan

Business Broker World

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Sponsoring Broker:
Denis J.Burke,MBA

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