For Sale
$399,999

1 Million Lithia, FL 33860

Established BBQ eatery, high sales, strong cash flow.

Overview

Added:
Dec 11, 2024
Days on market:
135
This thriving Lakeland, Florida BBQ restaurant is offered for sale at $399,999. Boasting over $1,013,581.99 in gross revenue and a remarkable cash flow exceeding $242,836.56, this turnkey operation presents a unique opportunity for an ambitious entrepreneur. The restaurant features a fully equipped kitchen, including wood fire smokers, fryers, a walk-in cooler/freezer combo, and extensive prep equipment. With 58 indoor seats and a well-established customer base, this business benefits from a strong reputation for quality food and service. The current owner will provide two weeks of training to ensure a smooth transition. The sale includes all equipment, recipes, and a liquor license for beer and wine. The monthly rent is $9,300, and the business is currently fully staffed. The seller's reason for selling is retirement. This is an asset sale, not a franchise, and there is no seller financing available. The restaurant's location in Polk County, Florida (zip code 33860) offers a unique opportunity in a market lacking similar competition. The business is easily managed and ready for a new owner to step in and continue its success. This is a rare opportunity to acquire a profitable, established restaurant with a proven track record.

Highlights

  • Monthly rent: $9,300.
  • 58 indoor seats.
  • Gross revenue exceeding $1,013,581.99.
  • Established business with a strong reputation.
  • Owner will provide two weeks of training.
  • Includes all equipment, recipes, and beer & wine liquor license.

Property Details for 1 Million

Property type
Retail properties, Restaurants

Location Insight

City
Lithia
County
Polk
State
Florida
Latitude
27.7646765
Longitude
-82.0189155

FAQs

What type of property is this?
Retail property - Established BBQ eatery, high sales, strong cash flow.
Where is the retail property located?
The property is located at 1 Million Lithia, FL.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Monthly rent: $9,300.; 58 indoor seats.; Gross revenue exceeding $1,013,581.99.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1 Million
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