Tampa Fl Over 1.2 Million In Sales Tampa, FL 33637

This thriving bar and grill, located in Temple Terrace, Florida (zip code 33637), presents a unique opportunity for a seasoned restauranteur. Boasting over $1,284,818.20 in gross revenue and a healthy cash flow of $100,064.42, this well-established business is ready for new ownership. The current lease extends until December 31, 2028, with options for renewal in January 2029, including one five-year option. The business, established in 2010 and renovated in the same year, benefits from a loyal customer base and a full team of 14 employees, ensuring a smooth transition for the new owner. The sale includes all equipment, fixtures, and the established brand, eliminating the need for franchise fees. Extensive equipment is included, encompassing a full bar setup with 20 beer taps, a POS system, security system, kitchen equipment (including multiple refrigerators, freezers, ovens, fryers, and prep tables), dining furniture, and more. The 130-seat establishment also features a patio. The current owner is retiring, providing a turnkey operation with significant growth potential, particularly in the catering sector, which is already showing promising results. The monthly lease rate is $9,800. This is an asset sale, and seller financing is not available. The business has been operating successfully for over a decade, building a strong reputation within the community. While new developments are emerging nearby, the business has thrived for over 12 years, demonstrating its resilience and market position.