Open Since 2010 Breakfast & Lunch Mom and Pop Ready For New Owner

Spring Hill, FL
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Asking Price:$120,000
Inventory:$5,000
FF&E:$120,000
Gross Revenue:$271,000
Rent:$2,400/Month
Established Year:2010
BUSINESS DESCRIPTION

Turn-Key Established Restaurant. Great Location & Much Growth Opportunity. Reasonable Monthly Lease (two years left but new owner will have to execute one in their name). Loyal Staff and Loyal Regular Customers. Spring Hill is growing fast and new guests are constantly coming in for our great breakfast and lunch selections. Current owner, who has no restaurant experience, has made significant changes and improvements over the last three years but has two other businesses and wants to return to Southern Indiana where family resides. Inventory is included in the price.

There is so much potential for growth as current owner has reduced the open hours due to other obligations (now open just Friday nights rather than Tuesday-Saturday nights). If you have restaurant experience this is a great opportunity to take this Mom and Pop Hole In the Wall Hidden Gem to the next level.


DETAILED INFORMATION
Location
Spring Hill, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,700
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All furniture, equipment & inventory.
Competition
Only three or four other mom and pop competitors in the Spring Hill area
Growth & Expansion
Open earlier and close later, be open more evenings, offer online ordering, offer more groups the opportunity to have their private events in the large lower dining area.
Financing
135K or Best Offer may consider some financing with substantial down payment.
Support & Training
2 weeks training from various team members as needed.
Reason for Selling
Two other businesses, former partner was to run this one and changed direction,
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Pamela Schneider
Pamela Schneider