PRICE REDUCTION! Landmark Family Breakfast and Lunch Restaurant

Palm Harbor, FL (Pinellas County)

Seller Financing Available
PRICE REDUCTION! Landmark Family Breakfast and Lunch Restaurant
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Asking Price: $185,000

Cash Flow: $86,000

Gross Revenue: $375,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $3,200 /Month

Established: 1988

PRICE REDUCTION! Landmark Family Breakfast and Lunch Restaurant

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Business Description

PRICE REDUCTION!!
A RESTAURATEUR’S DREAM! WON'T LAST LONG - Turn Key Opportunity – An opportunity to own a local landmark in business for 31 years. Local, independently owned and operated family restaurant with a concept that has had a successful track record for over a quarter of a century. Seating capacity – 79seats. Expansive kitchen, with large, separate prep kitchen. Perfect for catering with no interruption of main kitchen/line.
This is a perfect opportunity for a buyer who is passionate about owning and operating a restaurant and wants to maintain a great QUALITY OF LIFE. Great upside potential for dinner operations if buyer desires to extend hours. Truly a rare find.
Restaurant Hours – Tuesday - Friday 6:30am-3:00pm, Saturday & Sunday – 7:00am-3:00pm. – Closed Monday’s

Attached Documents


Detailed Information

Location:
Palm Harbor, FL
Real Estate:
Leased
Building SF:
3,500
Lease Expiration:
N/A
Facilities:
3500 SF (mol). 79 seats including booths and tables. Large kitchen with updated equipment.
Competition:
Restaurant has been operating for over 30 years with an outstanding reputation. The restaurant has been a true area destination for patrons.
Growth & Expansion:
Great upside potential for dinner operations if buyer desires to extend hours. Owner was opened for dinner for many years and was very successful.
Support & Training:
Owner is willing to help train for 15 days or as buyer requests.
Reason for Selling:
OWNER MOTIVATED TO SELL - Looking to retire after 31 years at the same location
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Contact the Seller

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Dean A. Koutroumanis, DBA, MBA

Business Listed By:
Dean Koutroumanis

THE BOARDWALK COMPANY

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Sponsoring Broker:
John Quattrocki

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