High Volume 50's Style Diner- Cashcow/ Location, Location, Location.

Tampa, FL (Hillsborough County)

Seller Financing Available
High Volume 50's Style Diner- Cashcow/ Location, Location, Location.
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Asking Price: $595,000

Cash Flow: $295,788

Gross Revenue: N/A

EBITDA: N/A

FF&E: $200,000

Inventory: $15,000*

Rent: $4,540 /Month

Established: 1979

*not included in asking price.

High Volume 50's Style Diner- Cashcow/ Location, Location, Location.

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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 . Stand 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

Location:
Tampa, FL
Inventory:
Not 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 : 813-731-0397 or send text message with your info to find out more about this business.
Financing:
Price reduced for a qualified cash buyer/ Never see a goldmine at this price
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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