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BUSINESS FOR SALE - PROFILE #  42360044

Turn Key Fast Casual Restaurant
Tampa, FL

Asking Price: $150,000   Down Payment: $150,000  
Gross Revenue: $497,949   Adj. Cash Flow*: $70,147  
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Executive Summary
Outstanding Fast Casual/American restaurant opportunity in an upscale and fast growing Tampa location.  Local favorite, with a very loyal and growing customer base.  Consistently voted one of the top area restaurants.  Designed by an experienced restauranteur who is ready to retire.  Large Open kitchen organized for maximum efficiency; seats 42; licensed B/W.  Lease agreement includes no increases in rent through Jan 2022.  Experienced staff in place.  Don't miss out on this outstanding opportunity.  Interested in learning more?  For a complete presentation please contact Tim Bellon at 813-326-7252.  Important Notice:  This is an operating business being offered for sale confidentially.  Interested parties must complete and return a Non-Disclosure Agreement, and a Buyer's Profile.  Once pre-screened with those documents, prospective buyers will be provided more detailed information pertaining to the business.

Acquisition Highlights

  • Marketing efforts include: Groupon, local publications, business Facebook page, menus, and business website
  • The restaurant is located in one of the fastest growing areas in Tampa, FL, on a busy eight lane thoroughfare. The location offers outstanding visibility and a tremendous daily traffic volume. The restaurant is located in a busy retail strip center. The total floor space is 1,500 square feet. the least is set to expire in January 2022, and there are two five-year options to renew. The rent is $3,983 per month, and in accordance with the lease, the base rent is locked in until January 2022.
  • Training Information:  1 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2011 Inventory: $10,000 Included
Employees: 4 FT, 3 PT Furniture, Fixtures & Equipment: $84,000 Included
Lease/Rent: $3,983 Real Estate:
Building Sq Ft: 1,500
    Total Assets Included in Sale: $215,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Tim Bellon
Phone:  (813) 260-3127
Other:  (813) 326-7252
E-mail:  tbellon@vrsouthshore.com
VR Business Brokers - Apollo BCH, FL
200 Frandorson Circle, Suite 200
Apollo Beach, FL 33572
www.vrsouthshore.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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