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Business Profile

Industry Segment:
Breakfast Lunch
General Location:
North Pinellas County
Listing Number:
85989159

Purchase Information

Selling Price:
$445,000
Down Payment:
$90,000
Terms:

Financial Information

Gross Sales:
$1,061,156
Adj. EBITDA:
$261,261
Inventory:
$5,000 Included
Equipment:
$150,000 Included
Real Estate:
Not Included

Other Business Information

Year Established:
1988
Employees:
6 FT, 19 PT , 4 Mgrs
Days & Hours:
Sun-Thur 6am-12pm, Frid and Sat 24 hours
Square Feet:
4500
Monthly Rent:
$7,800
Can be Relocated?
N
Franchise?
N
Home-Based?
N

Business Description

Great Opportunity, price reduced $50K. 30 Year local I-Hop Restaurant, easily converted to another franchise or any theme restaurant, could add a liquor license. Seating for 169, parking 65-85. Located on busy frontage RD. Total renovation completed in 2015. Close to major baseball venue, local college. Separate special event room. Consistent growth, strong cash flow, accurate books. All reasonable offers considered, motivated seller. Financing for Experienced Restaurant Buyer with great credit.

Please Note: All listings herein are exclusive to this listing office as of the date of submission. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect.
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(727) 793-0090

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