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Listed by:

Black Book Advisers

*** Great Restaurant/ Bar With Property *** For Sale

Tampa, Florida, US
Asking Price:
$3,500,000 Furniture / Fixtures included
Sales Revenue:
$1,700,000
Cash Flow:
$270,000

*** Great Restaurant/ Bar with Property in $3 BILLION $$$ area!!! ***

Great business in GREAT Location with PROPERTY!!!
This business listing highlights an exceptional opportunity to purchase a profitable restaurant and bar located in a prime area experiencing significant growth. Here are some key details from the listing:

Location and Area Development:

Situated in an area undergoing a resurgence with $3 billion+ in projects within a 1-mile radius.
Property and Remodel:

The site was fully remodeled in 2016.
Features 5196 square feet of wet-zoned space.
Includes 1400 square feet of patio space
84 parking spaces.
Top-of-the-line kitchen.
Boasts a $225K sound system and over $545,000 of furniture, fixtures, and equipment (FF&E).
Business Performance:

Strong profits despite minimal marketing.
Excellent Yelp reviews.
Opportunity for New Ownership:

Ideal for an organized Food and Beverage group with marketing and operational expertise.
Potential to enhance the current concept or introduce a new one.
The business is described as a "muscle car of a place" that has not yet reached its full potential.
Sale Details:
Includes a transferable SRX Liquor License.
Confidential sale: interested parties must sign a Confidentiality Agreement (NDA) to receive specific details and financial information.
Proof of funds required.

Don't Miss Out...Check it Out...Today! If you want to own and operate a successful restaurant and bar then look no further!! Inquire today…because this opportunity will not last!!

**Transferable SRX Liquor License included in this purchase****

IMPORTANT NOTICE: This is an operating business being offered for sale "CONFIDENTIALLY". Interested parties MUST fill out a Confidentiality Agreement (NDA) before any specific information, such as name and location of the business will be shared. NO EXCEPTIONS! Once you have signed the NDA, one of our associates will call you to discuss the business opportunity in greater detail before releasing confidential financial information.

Information contained herein has been obtained from the Owner of the Property or from sources deemed reliable. We have no reason to doubt its accuracy but make no warranty or representation. All information is submitted subject to errors, omissions, changes, withdrawal without notice and any special listing conditions of the Owner. After NDA is signed and Proof of Funds are provided, we can really talk about what is happening.

Property Information

Real Estate:

Real Property Included

Location:

Tampa, FL (Hillsborough County)

Premises Details:

Top of the line kitchen with 20'ft hood, Walkin coolers, tap system, $225,000 in sound system, 84 parking spaces, 5194 sf of fully wet zoned area, Current SFS with tobacco license.60 TVs, 1400 sf patios. 47,000 sf of property located within OPPORTUNITY ZONE. Huge potential Tax saving benefits!!

Business Operation

Expansion Potential:

Located within an EXPLODING ZONE of Resurgence! Bring Marketing to the table !!, market night of the week specials ie Be it full tent events or food and drink specials. It may be possible to further increase the total patio area by approximately 1200-2000sf. to the front thus allowing the energy to be fully visible from passersby. Currently operating as a sports bar but a more lucrative concept may be easily plugged in! If you purchase the property for $2.8million new owner could possibly add an entire roof top.

Competition / Market:

Major development of a visitor center for historic nation branded company including a 4000-person concert venue, and 23 story hotel underway. $375 million dollar Sport complex to be completed by late 2026. Currently 3 establishments within a mile radius owner believes is doing north of $4-$7 million.

Reasons for selling:

Owner has other business ventures he would like to concentrate on.

Employees:
11
Years established:
9 Years

Other Information

Support & training:

Qualified person willing to stay on for up to 1 month. Management willing to stay up to 6 months.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

1.Proof of concept, 2.Strong financials 3. sizeable deposits, owner may consider some

Furniture / Fixtures value:
$545,000 - included in the asking price
Inventory / Stock value:
$37,000