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REDUCED - BREAKFAST - Lunch- Restaurant -- Excellent Margins

Pinellas Park, FL (Pinellas County)

REDUCED - BREAKFAST - Lunch-  Restaurant -- Excellent Margins
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Asking Price: $115,000

Cash Flow: N/A

Gross Revenue: $240,000

EBITDA: N/A

FF&E: $120,000

Inventory: $3,000*

Rent: $2,400 /Month

Established: 2008

*not included in asking price.

REDUCED - BREAKFAST - Lunch- Restaurant -- Excellent Margins

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Business Description

Breakfast- lunch- Prime location with everything in place for easy transition to new owner. Excellent reputation has created large and loyal customer base. Walk-in foot traffic from surrounding busy shopping center has steadily increased the number of regular customers. Fantastic hours - only open until 3 PM during the week. Dinner could be quickly added.
Must see if you can do some marketing to the APTS Being built next to the
shopping center within walking distance to Restaurance. with the 2000 condo's in the rear and the 300 apt's next door this should be a Gold mine
for and aggressive couple.
Seller is ready !!!!!!!!!!!!

Previous owner spent several hundred thousand to build, renovate, and upgrade restaurant to its current top-of-the-line state. Owner has TRIPLED sells and is still growing! Once you view this very spiffy diner and the rave reviews of the food and service, you'll know you have a winner that could easily be taken over and brought to the next level.

Attached Documents


Detailed Information

Location:
Pinellas Park, FL
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,800
Lease Expiration:
N/A
Employees:
3 Ft 1 Pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
21 Tables/88 Seats - Equipment is in Excellent condition
Competition:
2,000 RESIDENTS in rear of shopping center where Restaurant is located and 300 Apartments being built tight next to the plaza where restaurant is located.
Growth & Expansion:
Significant opportunity to expand marketing. Little marketing has been done to local area. Loyal customer base has been created largely through word of mouth and great reviews. there building 4 story apt complex next door to the plaza that this business is in.. MUST SEE.
Support & Training:
At least one full week. The current owner wants to make sure that the new owner is totally comfortable running the restaurant.
Reason for Selling:
Child with condition that requires more time than restaurant ownership allows
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(from currently available funds)
 
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AJ Della Monica

Business Listed By:
A. J. Della Monica

A.J.Della Monica & Assoc.

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