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SUNBELT BUSINESS BROKERS
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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?

Franchise?

Home-Based?

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.

Contact SUNBELT BUSINESS BROKERS

(727) 793-0090

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