Established American Restaurant & Cafe - Saint Petersburg, FL

This iconic breakfast and lunch operation has been serving the Saint Petersburg community since 1950, offering exceptional stability and proven profitability. With 80% repeat customers and strong local loyalty, this turnkey opportunity generates impressive returns while maintaining manageable operating hours.

Financial Highlights:
• Annual Revenue: $351,843
• Cash Flow (SDE): $155,000
• Strong profit margins from 6-day operation
• Inventory value: $20,000
• FF&E valued at $75,000

Business Overview:
Operating from a spacious 5,500 sq ft location with reasonable lease terms ($3,600/month), this restaurant has built an enviable reputation over seven decades. The current breakfast and lunch format provides excellent work-life balance while delivering substantial cash flow with minimal staffing requirements (3 employees).

Key Advantages:
• Easy-to-operate business model with established systems
• Loyal customer base dining weekly for business and pleasure
• Existing staff willing to stay with new ownership
• Steady market with reliable revenue foundation
• Prime Pinellas County location

Expansion Opportunities:
Significant untapped revenue potential through:
• Evening dinner service implementation
• Wine and beer service addition
• Takeout and delivery platforms (Uber Eats, DoorDash)
• Extended operating hours

Owner Support:
Seller provides comprehensive transition assistance including two weeks of hands-on training covering operations, suppliers, and inventory management. Very friendly and supportive approach ensures smooth ownership transfer.

This SBA-approved opportunity combines the security of a 74-year operating history with clear pathways for growth. The established customer loyalty, proven profitability, and multiple expansion possibilities make this ideal for restaurant operators seeking a stable business with significant upside potential. Owner retiring after successful long-term operation.

Asking Price: $299,000 (Recent Price Reduction)