Friendly Restaurant and Bar - 42655 **Asset Sale Only **

Asking Price: $350,000

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Friendly Restaurant and Bar - 42655 **Asset Sale Only **


Asking Price: $350,000

Asset Sale Description
Turnkey Restaurant & Bar Opportunity – Prime St. Petersburg Location

This is a rare opportunity to acquire a fully built-out restaurant and bar in one of St. Petersburg's most vibrant and growing corridors. Situated in a highly visible historic building with strong local and destination traffic, this offering is ideal for an owner-operator, investor, or entrepreneur looking to establish a new concept in a sought-after location.

The current business is a successful scratch kitchen known for its brunch menu, craft cocktails, and exceptional hospitality. The restaurant has built a loyal following and is generating annual sales exceeding $1 million. It has earned an outstanding reputation, including Best of the Bay – Critics' Choice recognition and a 4.7-star Google rating.

A recent addition to the business, the adjoining pub, has quickly become a tremendous success and is already proving to be a significant driver of customer traffic and revenue growth. The addition creates multiple revenue streams and offers further opportunities for expansion.

The approximately 4,000-square-foot facility has been extensively remodeled and is fully equipped with a commercial kitchen, bar, dining areas, and all furniture, fixtures, and equipment necessary to continue operations immediately.

Perhaps the greatest value lies in the flexibility of the opportunity. A buyer can continue the existing concept and capitalize on its momentum or utilize the beautifully designed space to introduce their own restaurant, café, brewery, cocktail lounge, or entertainment venue. The substantial build-out and established infrastructure provides significant savings in both time and capital compared to starting from scratch.

The owners are pursuing other ventures, creating an exceptional opportunity to acquire a thriving hospitality business with an established customer base, strong revenue, and unlimited potential in one of Tampa Bay's most desirable markets.
Detailed Information
Years in Operation
3
Facilities & Assets
Employees: 8 Full time & 8 Part time

Equipment: Estimated value of $200K plus $350K in leasehold improvements

Inventory: Estimated value of $25K at time of listing

Location: Highly visible plaza frequented by guests and regulars!
About the Sale
Transition Support
Seller will provide 14 days of familiarization to the new buyer at no cost.
Seller Motivation
Other Business Interests
Listing Info
ID
2540152
Listing Views
Attached DocumentsAttachment Disclaimer

42655 FRIENDLY RESTAURANT AND BAR FLYER.pdf


Listing ID: 2540152 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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