Steakhouse Franchise, $2 Million Revenues

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Seller:Rita Barbato

Location:Tampa

Listing Num:45828061

Industry:Food & Beverage: Restaurants, Fast Food, Deli

Asking Price:$995,000

Year Est.:2008

Employees:40

Yearly Revenue:$2,000,000

Yearly Cash Flow:$375,000

Yearly EBITDA:$NA

Yearly Net Profit:Not Disclosed

Yearly Gross Income:$NA

Monthly Payroll:Not Disclosed

Total Debt:Not Disclosed

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Reason for Selling:

Other Business

Overview of the Business:

Fabulous restaurant franchise, casual dining, beautiful atmosphere, terrific food. Everything new. Owner spent 1 million on remodeling recently. Restaurant continues to grow while others struggle. 5,700 sq. ft. inside; 2,500 sq. ft. patio. 400 seats. 175+ parking spaces. 4 COP CRX license. Beautiful office upstairs. 14 TV. 12 cameras and Bos System. Owner works only 15 hours a week. Open for Dinner only. If open for lunch could add another half a million to revenues.

Property Features and Assets:

Strip Plaza. 5,700 sq. ft. inside; 2,500 sq. ft. patio. 400 seats. 175+ parking spaces. 4 COP CRX license. Beautiful office upstairs. 14 TV's. Open for Dinner only. Seller will provide 3 weeks of training at no cost.

Market Competition and Expansion:

Huge potential to grow. Opening for lunch can add $600,000 to revenues.

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