Breakfast and Lunch(Seller is highly motivated and says make an offer)

Tampa, FL

Seller Financing Available

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Asking Price:$175,000
Gross Revenue:$630,720
Rent:$7,500
Established Year:1986
Cash Flow:$157,904
Inventory:$5,000
FF&E:$100,000
BUSINESS DESCRIPTION

“Seller Highly Motivated, make an offer”. Price just reduced. Current owner performs limited tasks of food purchasing, payroll and dining room socializing; The seller does not work the kitchen or dining room. "The cash flow/SDE below is for a working owner in the kitchen". Currently 7 wait staff, 2 bus people, 4 cooks, 1 hostess, 1 dishwasher.

Several staff members have worked there for 20+ years. Previous owner (of 35 years) is a frequent customer and is very helpful and supportive. Seats 108 (plus some outside seating). UBER Eats & Door dash is currently underutilized, competitive pricing structure would make delivery services a significant increase in revenue.

IF YOUR LOOKING FOR AN AWESOME FAMILY BUSINESS IN A GREAT NEIGHBORHOOD & INTERSECTION WITH TONS OF TRAFFIC, THIS IS IT. SELLER TO SIT DOWN VERIFY NUMBERS TO A SERIOUS BUYER WITH AN ACCEPTED OFFER. IF INTERESTED PLEASE REQUEST NDA. BUYER SHOULD HAVE EXPERIENCE.


DETAILED INFORMATION
Location
Tampa, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,625
Lease Expiration
30/03/2028
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Excellent condition. Would be happy to send a buyer a complete list of assets.
Competition
Normal but this may be one of the busiest intersections in N. Tampa.
Growth & Expansion
Growth potential unlimited: Add Catering, Add Social Media Advertising, Open on Mondays, Expand Lunch Hours to 4pm, Expand Opening Hours to Include Dinner, Expand Menu Offerings.
Financing
Seller is highly motived and says make an offer.
Support & Training
30 days included in the sale.
Reason for Selling
Transitioning to home healthcare provider.
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Dave Tomeo
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Dave Tomeo