1 MillionRiverview, FL 33578

Property Details for 1 Million

Year built

2023

Property size (Sq ft)

3,600 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This thriving Riverview, Florida breakfast and lunch restaurant is a turnkey opportunity, priced at $360,000. Established in 2023, this 3,600 square foot eatery boasts impressive financials, projecting over $1 million in sales for 2024, with a net sales of $1,161,190.77 and an owner benefit of $44,145.88. The restaurant features 100 indoor seats and a large outdoor patio seating an additional 32 guests. A full bar adds to the revenue streams. The lease is long-term, with monthly rent at $13,482, and the current lease term options are 2 or 5 years. The sale includes a comprehensive inventory of equipment, including a walk-in cooler and freezer, two fryers, three flat tops, a cappuccino machine, and much more. The current operational hours are 6:30 AM to 2:15 PM, seven days a week, with a staff of 14 employees (4 full-time, 10 part-time). The restaurant is not a franchise and is located in a recently remodeled shopping center with high visibility. The seller is offering 14 days of training to ensure a smooth transition. The reason for selling is personal. This is an exceptional opportunity for an experienced restaurateur to step into a profitable, established business or for a new owner to take the reins of a well-equipped and successful operation. The current concept is easily maintained or can be adapted to a new vision. Expansion opportunities exist, particularly in the cocktail program. Inventory is not included in the asking price. Seller financing is not available.

Location Insight

City

Riverview

County

Hillsborough

State

Florida

Latitude

27.8874

Longitude

-82.3343

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].