Asking Price - $599,000
Own Your Future!!!
Welcome to the opportunity of a lifetime… If you are a seasoned restaurateur, you are well aware how hard it is to achieve long-term success in such a competitive industry. Well…here is your chance…
…Here is the dream come true… this restaurant has been in business for 17 years and counting. It is a chef-owned restaurant and has numerous awards year-after-year. During the many years of success, the owner has assembled a Top-Notch Team to run the daily operations, while he continues to open additional restaurant concepts throughout the Tampa Bay area. The Team is poised and ready to continue working for the next owner…Is that you?
What does a purchase of this restaurant include??? The complete menu and recipes, and obviously the Team. You buy it, you continue operating it as is… But…What don’t you get? You don’t get to keep the name after the first 90 days in business. Why? Because it’s named after the Chef, and the Chef is continuing to open new concepts, and may intend to include his name in new ventures. You may be wondering if that means the Chef may become your competition after you purchase the restaurant…the answer is NO. The Purchaser will get a Non-Compete Agreement from the Chef.
So, here’s a quick summary of how a deal like this works: The current operations produce nearly $3.5 Million in Annual Sales and show a Net Profit of around $400,000 annually. In a traditional transaction – one where the name would convey with the sale – A Buyer would expect to pay 3 to 4 times earnings, or $1.2m to $1.6m to purchase this restaurant. However, and because the name does not convey in this deal, the Buyer will only pay $599,000 to step into the Chef’s shoes and make a ton of money at a HUGE DISCOUNT!
Now, does that make sense to you? Do you see the incredible opportunity that exists in this offer? If you do, let’s talk! If you don’t – no problem… there are plenty of deals out there that you can over-pay for… this is not one of them!
Want to know a little more? Ok then – Besides being award winning and chef-inspired, the kitchen is a chef’s dream kitchen, and the bar area is absolutely gorgeous. There is a beautiful outdoor patio, and also multiple indoor private dining rooms. The restaurant is both sophisticated and yet relaxed. In short, it’s a dream come true…but I guess I’ve already stated that…
Don't Miss Out...Check It Out...Today! This will not last long at this price... Call Chris DiNeno at 727-822-8833 or 813-789-2468 to learn more about this exciting opportunity.
Main Street & Main has the Leading Business Brokers on the West Coast of Florida, year after year. Give us a call and let us help you Buy A Business or Sell A Business in Greater Tampa Bay, and throughout Florida. We specialize in the purchase and sale of: Restaurants, Bars, Nightclubs, Liquor Licenses and many other businesses. We are also a Leading Commercial Real Estate Company and can give you the professional assistance you need to successfully negotiate a Lease or Real Estate Acquisition.
IMPORTANT NOTICE: This is an operating business being offered for sale "CONFIDENTIALLY". Interested parties MUST fill out a Confidentiality Agreement (NDA) and Personal Financial Summary (PFS) before any specific information, such as name and location of the business will be shared. NO EXCEPTIONS! Real Estate is NOT available for purchase.
Information contained herein has been obtained from the Owner of the Property or from sources deemed reliable. We have no reason to doubt its accuracy but make no warranty or representation. All information is submitted subject to errors, omissions, changes, withdrawal without notice and any special listing conditions of the Owner.