MergerPlace

High Volume Themed Restaurant

Florida


  • Asking Price: $2,250,000
  • Gross Income: $6,400,000
  • Cash Flow: $710,000
  • Real Estate: Not Disclosed
  • Inventory: $38,000
  • FF&E: $1,202,000
  • Listing ID: #226184
  • Established: 1991
  • Employees: 63

Business Description

One of the Greater Tampa Bay Area's culinary treasures, this uniquely themed restaurant has drawn literally millions of guests from all around the world over the past 30 years. With a panache-filled atmosphere across its 350 indoor and outdoor seats, customers enjoy breakfast, lunch, dinner, and delicious specialty cocktails + craft beers from the multiple full bars. Open seven days a week, this restaurant boasts a loyal, local customer base, while bringing in tourists by the droves based on its three-decade reputation for top notch food and the best value in the area. An experienced management team and long-tenured kitchen staff make for a smooth owner transition. Current owner has invested heavily into delivery + take-out infrastructure and this will be passed on to the new owner. Supported by strong financials + owner benefit along with significant opportunity for expansion - both in-store and through franchise/multi-store expansion, this business will go quickly to the right new owner. Please refer to listing #3353-621482, Agent Jason Papy when inquiring about this listing. Thank you!


Business Details

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

Company Information

Year Established: 1991
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 63

Financial Information

Asking Price: $2,250,000
Gross Revenue: $6,400,000
Cash Flow: $710,000
FF&E: $1,202,000
Inventory: $38,000
Seller Financing Available: No

Property Information

Facilities:

Building Type: Stand alone

Competition:

Non Compete: Miles: 10 Years: 1

Reason for selling:

Retirement

Support & Training:

Will train for 2 weeks @ no cost

Contact Business Seller

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Business Listed By:

Jason Papy

Transworld Business Brokers of Central Florida