1 MillionLithia, FL 33860

Property Details for 1 Million

Property type

Retail properties

Property subtype

Restaurants

Description

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.

Location Insight

City

Lithia

County

Polk

State

Florida

Latitude

27.7647

Longitude

-82.0189

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