Tupelo Data Room
Other Restaurants & Food
Active

Waterfront Beach Themed Bar & Grill located in Greater Tampa Area

Tampa, Hillsborough County, Florida, United States
listing image
Asking Price$550k
Revenue$1.19m
EBITDA-
Cash Flow$224k
Description
This quaint Cafe / Bar & Grill is located poolside within a Resort Hotel on the water with Breathtaking Sunsets all the time. This restaurant is the only food establishment allowed at the resort and is open to the guests of the resort / Airbnb / VRBO rentals on property. The cozy beach themed location provides its customers with the quintessential Florida beach vibe with full liquor, great beach food, and an amazing atmosphere! Open 7 days a week, menu offers Breakfast, Lunch, and Dinner including mouth watering burgers, fish tacos, conch fritters, salads and more. A full bar allows customers to have their pick of drinks from Frozen Daiquiris to Bahama Mamas along with beer and wine! Owner Benefit and cashflow advertised reflects 1 full time working owner replacing the manager and working 45 hours a week. Current owner has Manager and only works 25 hrs a week. This can remain as is but a reduction of the Cashflow will need to be made. This represents a remarkable chance to own a well established venue with a loyal customer base and a proven track record of success. A must see for anyone wanting to own that slice of Paradise and capitalize on a turnkey operation with growth potential.
Furniture Fixtures & Equipment
$100k
Inventory
$20k
Number of EmployeesFull-Time: 6Part-Time: 4
Year Established
8
Reason Selling
Family Relocation
Facilities & Assets
This quaint Cafe / Bar & Grill is located poolside within a Resort Hotel on the water with Breathtaking Sunsets all the time.
Support & Training
Seller will provide two weeks of training at no cost to buyer.
Market & Competition
Financing Options
Seller financing is available.$300,000 down with balance of $250,000 at 7% interest for 60 Months (5 years) = $4,95
Asking Price$550k