Steak House Restaurant

Saint Petersburg, FL (Pinellas County)

Steak House Restaurant
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Asking Price: $4,700,000

Cash Flow: $475,491

Gross Revenue: $2,500,000

EBITDA: $475,491

FF&E: $750,000

Inventory: $100,000*

Real Estate: $4,300,000

Established: 1995

*not included in asking price.

Steak House Restaurant

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Business Description

Real Estate included as seller owns the property. Business established 23 years all managers and employees in place. Restaurant could be changed to a new type venue if buyer has there own concept. Bldg is 10000 sq. ft. and has an outside patio with its own bar and seating.

Detailed Information

Location:
Saint Petersburg, FL
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
10,000
Employees:
140
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
10,000 sq ft free standing bldg and 10,360 sq ft mall location
Competition:
Limited specialty steak house
Growth & Expansion:
Add additional locations state or U.S.
Support & Training:
30 days longer if needed
Reason for Selling:
Retire
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(from currently available funds)
 
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Larry Register

Business Listed By:
Larry Register

Metro Bay Associates

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