Proven Location. Established restaurant and bar offers an exceptional opportunity in one of Tampa’s most sought-after locations having generated over $3 million in sales. Positioned along main corridor, where traffic exceeds 35,000 vehicles per day, the property benefits from excellent visibility, access, and a strong customer base. This proven space features an elevated attractive build-out throughout, with a top-level kitchen that would allow even a celebrity chef to work their magic. Additional parking areas may be utilized. Although known for forward thinking menu offerings this space and location is ideal to be transitioned into a more approachable concept and attract a more day to day crowed and /or choose the route to capture the highly lucrative Tampa night life. Currently operating with an SFS/SRX 4 COP Liquor license in place (49% /51%).
Additionally we are offering a 4COP Quota License for Hillsborough County available to purchase for $235,000. This is the license that removes any quota on food to liquor sales ratios.
Key Features
* Prime location with high traffic and strong demographics
* Full kitchen plus separate prep kitchen
* Private dining room and patio seating area
* Additional outdoor space suitable for events
* Separate structure used currently for holding catering operations and equipment storage
* Walk-in cooler
* 2-part hood system with a wood grill
* Full bar with seating for approximately 12 guests
* Liquor License available
* Fully staffed and ready for transition
* Stopped lunch and brunch service, leaving upside for a new operator
* Quality build-out throughout the interior and kitchen
Highlights
* Historically generated close to $3 million in annual revenue
* Lease includes two 5-year renewal options
* Below-market rent for the area
* Located in a high-traffic, high-visibility corridor on Kennedy Blvd
* Turnkey opportunity with infrastructure suitable for high-volume or chef-driven concept
Black Book Advisers
"Trusted Brokers of Business and Commercial Real Estate"
Michael Adamo / Broker
Michael Adamo is a third-generation Restaurateur, having owned and operated some of the most well-acclaimed restaurants in their perspective areas for over 31 years. Now as a Business Broker specializing in the Food and Beverage Sector and having proudly completed many of the most notable transactions, his insight and astute knowledge is sought after by some of the Top Restaurant Groups in the Bay Area. Whether if it's your first venture or if you're a multi-unit operator Black Book Advisers is here to share their knowledge and insight of the marketplace and see you successfully through your choice of Transaction, Buying or Selling.
IMPORTANT NOTICE: This is an operating business being offered for sale "CONFIDENTIALLY". Interested parties MUST fill out a Confidentiality Agreement (NDA) before any specific information, such as name and location of the business will be shared. NO EXCEPTIONS! Once you have signed the NDA, we will call you to discuss the business opportunity in greater detail before releasing confidential financial information.
Information contained herein has been obtained from the Owner of the Property or from sources deemed reliable. We have no reason to doubt its accuracy but make no warranty or representation. All information is submitted subject to errors, omissions, changes, withdrawal without notice and any special listing conditions of the Owner.
Ad#:2436463
