For Sale
$359,999

1 MillionTampa, FL 33626

Profitable Franchise, High Sales, Great Location

Overview

Added:
Dec 11, 2024
Days on market:
113
This established franchise bar and grill, located in Westchase, Florida (zip code 33626), presents a lucrative investment opportunity. The 2,801 square foot restaurant, built in 2011, boasts over $1,104,115 in gross revenue and a cash flow of $94,048. The lease expires August 25, 2026, with potential for renewal. The sale includes a comprehensive inventory of equipment, such as multiple fryers, a six-burner stove with oven, walk-in cooler, extensive refrigeration, a twenty-head beer tap system, Aloha POS system, and ample seating both indoors and on a large outdoor patio. Furniture, fixtures, and equipment are included, along with a security system and cameras. The business benefits from a prime location in a high-traffic area, surrounded by other retailers. Eleven employees are currently in place, and the seller will provide two weeks of training. This is an asset sale; real estate is not included in the asking price of $359,999. Seller financing is not available. The business is a franchise and has a proven track record of success. The current owner is selling due to pursuing a new career. This turnkey operation is ready for a new owner to continue its success and potentially expand through increased local advertising and catering services.

Highlights

  • Great location in Westchase, Florida.
  • Established franchise bar and grill with over $1.1M in gross revenue.
  • High-traffic shopping center location with large outdoor patio.
  • Turnkey operation including 20 trained employees.
  • Asking price: $359,999, with a cash flow of $94,048.

Property Details for 1 Million

Property type
Retail properties, Restaurants
Square Feet
2,801 SF
Year Built
2011

Location Insight

City
Tampa
County
Hillsborough
State
Florida
Latitude
28.0658088
Longitude
-82.6159271
1 Million, Tampa, Florida

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1 Million
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