PRICE DRASTICALLY REDUCED! One of a kind landmark restaurant & Bar

Saint Petersburg, FL (Pinellas County)

PRICE DRASTICALLY REDUCED! One of a kind landmark restaurant & Bar
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Asking Price: $300,000

Cash Flow: $192,520

Gross Revenue: $2,324,356

EBITDA: N/A

FF&E: $250,000

Inventory: $1,000

Rent: $10,000 /Month

Established: 1961

PRICE DRASTICALLY REDUCED! One of a kind landmark restaurant & Bar

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Business Description

PRICE DRASTICALLY REDUCED! FIRST BUYER WITH $300,000 TAKES THIS!
Very RARE opportunity to own this one of a kind LANDMARK Restaurant/Bar with two separate drive thru's. Three buildings on this property.
This place is fun for all ages and super busy. Seats 275 indoor/outdoor with a full 4cop SFS liquor license. Known for hosting fun events and live entertainment. Two separate bars and plenty of parking.The sky is the limit with what you can do.
Cash flow reflects owner operator.
REAL ESTATE AVAILABLE SEPARATELY

***CALL GEORGE ANTONAKLAS TODAY 727-458-5565***

IMPORTANT NOTICE: This is an operating business being offered for sale "CONFIDENTIALLY". Interested parties MUST fill out a Confidentiality Agreement AND a financial statement before any specific information, such as name and location of the business will be shared. NO EXCEPTIONS!

Information contained herein has been obtained from the Owner of the Property or from sources deemed reliable. We have no reason to doubt its accuracy but make no warranty or representation. All information is submitted subject to errors, omissions, changes, withdrawal without notice and any special listing conditions of the Owner.

Detailed Information

Location:
Saint Petersburg, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,300
Lease Expiration:
1/1/2030
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Fully functional kitchen with new equipment. 2 outdoor bars and a huge outdoor patio.
Competition:
Only of its kind in the area.
Growth & Expansion:
Add delivery and catering
Financing:
To a qualified buyer
Support & Training:
2 weeks at no cost
Reason for Selling:
retiring
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George Antonaklas

Business Listed By:
George Antonaklas

Realtec Business Brokers

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Sponsoring Broker:
Rick Gruber

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