SELLER FINANCING!!! - Absentee Breakfast & Lunch Spot in Clearwater!

Clearwater, FL

Seller Financing Available

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Asking Price:$109,900
Gross Revenue:$307,722
Rent:$1,740
Established Year:2022
Cash Flow:$51,648
Inventory:$3,000
FF&E:$60,000
BUSINESS DESCRIPTION

This business is being offered with $60,000 down financed over 5 years at 6.5% interest.

You'll be hard pressed to find a better breakfast and lunch restaurant in beautiful Clearwater, FL!

OPEN ONLY 5 DAYS A WEEK (Mon-Fri), This location has operated successfully as a breakfast and lunch restaurant since 2005 and has a very loyal customer base and a fun, simple, and dynamic menu that the patrons love!

-Last year Over $34,000 in tips were earned by the employees. If purchased by a hands on owner operator or as a family run business this offers additional potential income!
-Low Rent (currently $1,740/month) w/ two - 3 year options
-Hours are Monday - Friday only, has further potential if new owner opens on Saturdays and Sundays!
-Set up on 3rd party delivery sites and has set up phantom kitchens as well to increase appeal for online sales.
-Landlord replaced both A/C units within the last year.
-Have their own delivery driver currently to save on 3rd party fees
-Excellent reviews online

+Owner is willing to entertain offers that include seller financing
+Name and location of business will only be provided with signed NDA and sufficient proof of funds
+Financials to be provided upon an accepted offer


DETAILED INFORMATION
Location
Clearwater, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,500
Lease Expiration
31/07/2025
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
$60,000 down at 6.5% interest rate for 5 years.
Support & Training
Two weeks of training at no cost to buyer.
Reason for Selling
Personal
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Thanasi
Pantazelos
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Thanasi Pantazelos