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Listed by:

Transworld Business Advisors of West Florida

58 Year Established Restaurant For Sale

Hillsborough County, Florida, US
Asking Price:
$249,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$600,000
Cash Flow:
$125,000

ONLY 5 Evenings a week less than 35 hours a week
Established 58 years Seller Retiring specializing in steaks, It is a stunningly beautiful restaurant, well-equipped, and features a magnificent private party rooms with private full bar for private events can handle very big weddings .Very profitable Steakhouse ,Gross sales 4COP SRX full liquor license ,Fully equipped kitchen has also a built in BBQ Grill COOKER . Indoor seating 350 .Open 6 nights only a week only for dinner plenty of room for growth, Could increase revenue by opening at Breakfast and Lunch Events and Catering. Fully trained staff in place Rent 8k for 10.000 sq. ft. Unlimited parking, Qualify to a E2 investor visa. Owners are very willing to stay on board to help with a very true smooth transition and could be easily transformed into any other concept banquet rooms . Reduce price price to sell this will not last long

Please refer to listing #3353-986826 when inquiring.

Property Information

Real Estate:

Lease

Lease Terms:

Lease Expiration Date
December 30, 2026, 9:00:00 PM

Leasehold Rent:

$8,000 per annum

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Retirement

Trading hours:

4PM-10PM Tuesday-Sunday

Employees:
11
Years established:
1968

Other Information

Support & training:

Weeks: 2 Cost: $0

Furniture / Fixtures value:
$235,000 - included in the asking price
Inventory / Stock value:
$2,000 - included in the asking price