Thirty Five Years Young Destination Restaurant

Saint Petersburg, FL (Pinellas County)

Thirty Five Years Young Destination Restaurant
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Asking Price: $295,000

Cash Flow: $175,000

Gross Revenue: $1,800,000

EBITDA: N/A

FF&E: N/A

Inventory: $15,000*

Rent: $0.00

Established: 1985

*not included in asking price.

Thirty Five Years Young Destination Restaurant

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Business Description

This is a 300 seat restaurant with Three bars.There is a newly constructed kitchen with all new equipment.There are 50 seats inside and 250 seats outside.In addition there are Three bars one of which seats 40.The establishment is open seven days lunch and dinner but breakfast and dinner could easily be added.There is plenty of parking on the primes with additional parking if needed across the street.The menu is American with burgers bar-b-Que ect. A ten year lease with ten year extension and right of first refusal.If interested the property could could be negotiated in addition to purchase of business.

Detailed Information

Location:
Saint Petersburg, FL
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
7,000
Lease Expiration:
8/16/2030
Employees:
38
Facilities:
In good shape
Support & Training:
will train if necessary
Reason for Selling:
going into another field
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Edward Arnold

Business Listed By:
edward arnold

Arnold & Arnold

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