Breakfast and Lunch
Asking Price: | $175,000 |
Gross Revenue: | $630,720 |
Rent: | $7,500 |
Established Year: | 1986 |
Cash Flow: | $92,000 |
Inventory: | $5,000 |
FF&E: | $100,000 |
"Price is cash or best offer. Current owner performs limited tasks of food purchasing, payroll and dining room socializing; Does not work the Kitchen or Dining room
position. New "hands on" owner(s) can immediately add $65K to $110K to the bottom line by reducing staff and self-performing
cooking and dining room functions. Currently 7 wait staff, 2 bus people, 4 cooks, 1 hostess, 1 dishwasher.
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.
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.
***Special note: Cash Flow below is discretionary earnings with a fully staffed kitchen. It would be significantly higher if it was with a full time owner/cook.
Breakfast & Lunch in Opportunity Zone/Seminole Heights
Tampa, FL
Price: $175,000
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