*** Rare Profitable Rest/ Bar Opportunity!! ***
Asking Price: | $599,000 |
Gross Revenue: | $1,650,000 |
Rent: | $6,500/Month |
Established Year: | 2007 |
Cash Flow: | $247,050 |
Inventory: | $35,000 |
FF&E: | $385,000 |
For close to 2 decades, this beloved local gem has been a cornerstone of the community, offering a memorable dining experience with its exceptional menu and warm atmosphere. With under-market rent secured for 5 years, this flourishing business is on track for even greater success, targeting $1.65 million in revenue and $247,050 in profit.
A Community Favorite with Strong Growth Potential: With a stellar 4.5-star rating on Google, TripAdvisor, and Yelp, this restaurant is cherished by both locals and tourists. Its consistent quality and inviting atmosphere have built a loyal customer base. SBA (Pre-Qualification Pending) E2-Visa
Known for its fresh pasta, flavorful seafood, and a variety of other dishes. There’s also an SRX license, allowing guests to pair their meals with a selection of fine wines, craft cocktails, and premium spirits.
The expansive covered patio provides a perfect setting for guests to enjoy their meals in a relaxed, outdoor atmosphere, ideal for hosting events and special occasions.
Turnkey Operation with a Dedicated Team: The restaurant is fully staffed with experienced kitchen professionals, attentive servers, and a skilled manager, ensuring that operations run smoothly and efficiently.
State-of-the-Art Kitchen and Catering Capabilities: Equipped with top-of-the-line appliances, the kitchen is ready to support both the restaurant’s daily operations and expand into catering, lunch services, and private events to further boost revenue.
Also can drive revenue from an increase in alcohol sales by implementing happy hour and after-dinner cocktail hour.
Prime Location with Convenient Access: Situated on a busy road with high visibility, the restaurant benefits from easy access and ample on-site parking, making it convenient for guests to visit.
Secure Lease Terms for Long-Term Success: With an excellent lease in place and two (2) five-year lease options, you can focus on growing your business with confidence.
Own a Profitable and Thriving Restaurant Today! This is your opportunity to take ownership of a successful restaurant with a proven track record and significant potential for future growth. Don’t miss out on making this dream business your own!
Black Book Advisers
"Trusted Brokers of Business and Commercial Real Estate"
Michael Adamo / Broker (813) 833-1007
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.
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 the name and location of the business will be shared. NO EXCEPTIONS! Once you have signed the NDA, one of our associates will call you to discuss the business opportunity in greater detail.
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