Please ensure Javascript is enabled for purposes of website accessibility High Volume Themed Restaurant with Major Expansion Potential | Mark Foege | Transworld Business Advisors

High Volume Themed Restaurant with Major Expansion Potential

Listing Number: 3353-621482

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.

Listing Details

  • Price: $2,250,000
  • Down Payment: $2,250,000
  • Sellers Discretionary Earnings: $710,000
  • Total Sales: $6,400,000
  • Location: Withdrawn, Florida

  • Inventory: $38,000
  • FF&E: $1,202,000
  • Employees: 63
  • Year Established: 1991
  • Reason for Selling: Retirement
  • Category: Restaurants
High Volume Themed Restaurant with Major Expansion Potential

Contact Agent:

Mark Foege
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