1 MillionTampa, FL 33626

Property Details for 1 Million

Year built

2011

Property size (Sq ft)

2,801 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

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.

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

28.0658

Longitude

-82.6159

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