Popular Waterfront Restaurant w/140k in Owners Benefit
Business Description
A rare opportunity to own a waterfront restaurant in the heart of Tampa — an established, cash-flowing counter-service concept with amazing water views, a loyal following, and a long-term below-market lease that transfers with the sale. The seller is exiting to focus on other restaurant concepts.
THE LOCATION
Tampa is one of the strongest and highest-profile restaurant markets in the Southeast, and waterfront seating is the scarcest asset in it. Unobstructed water views from both the dining room and the patio put this business in a category most operators simply cannot access. This is the kind of site restaurateurs spend years looking for and rarely find. The view is the draw, the patio is the destination, and the setting does much of the marketing — guests come for the water and come back for the food.
Occupancy runs at a fraction of comparable waterfront space, and the landlord carries the building systems. The result is a margin-structure competitors on the water cannot match, on a long-term lease that conveys to the buyer.
A compact, efficient counter-service format with an outdoor patio that carries the bulk of good-weather trade. Written standard operating procedures and recipe cards convey with the sale, and a General Manager is in place and willing to stay through a sixty-day transition and potentially longer — so day-to-day continuity does not depend on the seller.
Guest reviews run four-star-plus across the major consumer and delivery platforms. The location draws regular local press. An established brand with an active online-ordering platform, a customer loyalty database, multi-channel delivery, and an organically grown social following — all of which convey.
Owner benefit of approximately $140,000 reflects the current-year run rate following a deliberate rebuild of the cost structure, driven by margin discipline rather than revenue growth. Management accounts have been closed and reconciled to the filed federal tax return. Recast financials, the add-back schedule, the full lease packet and complete disclosures are released under NDA.
The single biggest opportunity is focus. The seller runs several other concepts, and this location has never had a dedicated, full-time owner behind it. Beyond that, private events are the clearest near-term win — the patio is a natural party venue and enquiries arrive unprompted, but bookings have been handled informally rather than sold as a product. Catering is the second, with real demand in the surrounding market the business has never actively pursued. Longer term, the brand itself is the asset: recipes, systems and identity all convey, so a buyer with multi-unit ambitions has a proven concept ready to replicate.
Offered as an asset sale. Brand, trade name, recipes, standard operating procedures, customer database, vendor relationships, digital assets and goodwill all convey, along with the furniture, fixtures and equipment. Seller will provide hands-on transition support and will coordinate the lease assignment through to consent.
Serious enquiries via signed non-disclosure agreement. Qualified buyers receive the full Confidential Information Memorandum, recast financials, equipment list and lease packet.
THE LOCATION
Tampa is one of the strongest and highest-profile restaurant markets in the Southeast, and waterfront seating is the scarcest asset in it. Unobstructed water views from both the dining room and the patio put this business in a category most operators simply cannot access. This is the kind of site restaurateurs spend years looking for and rarely find. The view is the draw, the patio is the destination, and the setting does much of the marketing — guests come for the water and come back for the food.
Occupancy runs at a fraction of comparable waterfront space, and the landlord carries the building systems. The result is a margin-structure competitors on the water cannot match, on a long-term lease that conveys to the buyer.
A compact, efficient counter-service format with an outdoor patio that carries the bulk of good-weather trade. Written standard operating procedures and recipe cards convey with the sale, and a General Manager is in place and willing to stay through a sixty-day transition and potentially longer — so day-to-day continuity does not depend on the seller.
Guest reviews run four-star-plus across the major consumer and delivery platforms. The location draws regular local press. An established brand with an active online-ordering platform, a customer loyalty database, multi-channel delivery, and an organically grown social following — all of which convey.
Owner benefit of approximately $140,000 reflects the current-year run rate following a deliberate rebuild of the cost structure, driven by margin discipline rather than revenue growth. Management accounts have been closed and reconciled to the filed federal tax return. Recast financials, the add-back schedule, the full lease packet and complete disclosures are released under NDA.
The single biggest opportunity is focus. The seller runs several other concepts, and this location has never had a dedicated, full-time owner behind it. Beyond that, private events are the clearest near-term win — the patio is a natural party venue and enquiries arrive unprompted, but bookings have been handled informally rather than sold as a product. Catering is the second, with real demand in the surrounding market the business has never actively pursued. Longer term, the brand itself is the asset: recipes, systems and identity all convey, so a buyer with multi-unit ambitions has a proven concept ready to replicate.
Offered as an asset sale. Brand, trade name, recipes, standard operating procedures, customer database, vendor relationships, digital assets and goodwill all convey, along with the furniture, fixtures and equipment. Seller will provide hands-on transition support and will coordinate the lease assignment through to consent.
Serious enquiries via signed non-disclosure agreement. Qualified buyers receive the full Confidential Information Memorandum, recast financials, equipment list and lease packet.
About the Business
- Years in Operation
- 2
- Employees
- 8 (4 Full-time, 4 Part-time)
- Facilities & Assets
- A waterfront restaurant in the heart of Tampa. The business occupies roughly 1,000 sq ft of interior configured for counter service and about sixteen indoor seats and an outdoor patio of about thirty seats with direct water views.
Occupancy cost is a fraction of comparable waterfront space. The landlord furnishes and maintains the building systems, including HVAC and restroom plumbing, and provides waste disposal. The tenant maintains the interior and pays gas, phone and internet.
FF&E conveys: POS terminals, a full refrigeration package, two fryers and a griddle, dessert display freezers, indoor and patio furniture, signage and small wares. No walk-in cooler. Dish machine on an assumable lease. Full inventory under NDA. - Market Outlook / Competition
- Tampa is one of the strongest and highest-profile restaurant markets in the Southeast, and waterfront seating is the scarcest asset in it. Amazing, unobstructed water views from both the dining room and the patio put this business in a category most operators simply cannot access.
This is the kind of location restaurateurs spend years looking for and rarely find. The view is the draw, the patio is the destination, and the setting does much of the marketing — guests come for the water and come back for the food.
The below-market lease is the real advantage. Occupancy runs at a fraction of comparable waterfront space, giving this business a margin-structure competitors on the water cannot match, and one that transfers with the sale.
Direct competition is limited, guest reviews run four-star-plus across the major platforms, and the location draws regular local press. An established brand, a loyal following, and a genuinely rare piece of Tampa waterfront. - Opportunities for Growth
- The single biggest opportunity here is focus. The seller operates several other restaurant concepts, and this location has never had a dedicated, full-time owner behind it. A hands-on operator stepping in should find meaningful headroom in the day-to-day.
Private events are the clearest near-term win. The patio is a natural party venue and enquiries arrive unprompted, but bookings have been handled informally rather than sold as a product. Structured packages, minimum-spend pricing and evening buyouts are all available to a new owner.
Catering is the second. The brand and the menu travel well, and there is real demand in the surrounding market the business has never actively pursued.
Longer term, the brand itself is the asset. Recipes, systems and identity all convey, so a buyer with multi-unit ambitions has a proven concept ready to replicate — and nothing in the sale restricts the buyer from opening additional locations.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,000
- Rent
- $800 per month
About the Sale
- Transition Support
- Written standard operating procedures and recipe cards convey with the sale. The General Manager is in place and willing to stay for a sixty-day transition, potentially longer depending on circumstance. Day-to-day continuity does not depend on the seller's availability.
Listing Info
- ID
- 2543314
- Listing Views
Business Location
Listing ID: 2543314 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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