MergerPlace

High Energy Seafood/Pasta/Steak/4Cop

Florida (Hillsborough)


  • Asking Price: $840,000
  • Gross Income: $2,319,215
  • Cash Flow: $343,449
  • Real Estate: Not Disclosed
  • Inventory: $15,000
  • FF&E: $250,000
  • Listing ID: #207314
  • Established: 2004
  • Employees: 25 FT/ 22 PT

Business Description

Growing "polished casual" restaurant is the anchor for the center where it's located. High customer ratings by both Yelp and Google support repeat customer base since 2004. Revenue figures supported by Tax Returns. Owner requires knowledgeable skilled buyer/candidate who must prove ability to close financially prior to disclosure of any confidential information. 4Cop license included. High growth market.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
County: Hillsborough

Company Information

Year Established: 2004
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 25 FT/ 22 PT

Financial Information

Asking Price: $840,000
Gross Revenue: $2,319,215
Cash Flow: $343,449
FF&E: $250,000
Inventory: $15,000
Seller Financing Available: Yes

Property Information

Facilities:

State of the art facility with many recent upgrades. Site includes 222 inside seats and 12-16 outside seats. 4Cop license with food at 85% and alcohol at 15% total revenue. 100+ car parking spots. Located in a high growth area of Hillsborough County. Includes two private rooms for overflow and/or rent to pharmaceutical sales reps for doctor presentations. Restaurant has a 12' hood in well equipped kitchen.

Growth & expansion opportunities:

Seller spending a minimal amount on advertising (less than one half of one percent of revenue) so huge opportunity exists here to expand on stellar Google and Yelp customer ratings. Majority of growth via word of mouth and consumer ratings on line.

Competition:

Normal amount of competition.

Reason for selling:

Retirement.

Support & Training:

Will train for 2 weeks @ no cost. 4Cop liquor and business license.

Contact Business Seller

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Business Listed By:

Jim Dunmire

Murphy Business Brokers