Steak House Restaurant

Port Richey, FL (Pasco County)

Steak House Restaurant
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Asking Price: $975,000

Cash Flow: $253,000

Gross Revenue: $2,036,701

EBITDA: N/A

FF&E: $500,000

Inventory: N/A

Rent: $7,770 /Month

Established: 2010

Steak House Restaurant

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Business Description

Long established same owner Steak House in a major mall location with its own entrance. 10360 sq. ft with an exceptional long term lease well below market rent. All management in place with wait staff. Earnings are derived from cutting expenses and payroll for owner operator seller can substantiate.

Detailed Information

Location:
Port Richey, FL
Real Estate:
Leased
Building SF:
10,360
Lease Expiration:
1/31/2031
Employees:
60
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
10360 major mall location has its own entrance also
Competition:
Limited competition
Growth & Expansion:
Open additional locations has a great reputation in the market.
Support & Training:
30 days longer if needed
Reason for Selling:
Retire
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Larry Register

Business Listed By:
Larry Register

Metro Bay Associates

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