Popular Downtown St. Petersburg Restaurant With Financing

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BEST Location in Downtown St. Pete - Financing Available
Asking Price:
$125,000

Gross Revenue:
$285,103
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$3,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Trendy, downtown St. Petersburg restaurant finally up for sale after many successful, award-winning years. The location right in the heart of downtown St. Petersburg could not be any better. The food is great and the restaurant has a strong, loyal following. We expect this restaurant to sell quickly so if you have interest in owning a popular and fashionable restaurant in the best possible location downtown St. Petersburg, you will want to contact us at your earliest opportunity. Given the location, the price is very reasonable. Financing available to qualified buyer.

About the Business

Location:
Saint Petersburg, Florida
Year Established:
2011
Number of Employees:
8
Real Estate:
Leased
Building Sq. Ft.:
970
Rent:
$1,850.00 Per Month
Lease Expiration:
5/31/2020
Facilities:
970 SQ FT. All equipment in restaurant is owned by current owner and conveys with the sale. None of the restaurant's equipment is leased. All equipment is electric powered. Gas is not available in the building.
Market Outlook/
Competition:
Fantastic location - can't be beat! Low rent. Landlord has expressed willingness to extend excellent terms to new owner.
Growth & Expansion:
Expand menu. Open 7 days per week instead of 6. Get set up with more online delivery services.
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About the Sale

Reason For Selling:
See Owner
Training/Support:
The owner will stay with the restaurant for two additional weeks after the sale to facilitate the transfer and train the new owner. The menu items are not complicated and can be mastered quickly.

Listing Info

ID:
1627692
Ad Detail Views:
0

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Business Listed by

Mark Harmon, MBA

Florida Business Exchange, Inc.
License# SL3418366

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Sponsoring Broker:

A. Bert Risdon, B.C.I.
Florida Business Exchange, Inc.
License# CQ1015635

U.S. Census Data for Pinellas County, FL
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Pinellas County, FL
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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