Hot Listing

Excellent Smooth Operations/Growth potential

Asking Price$375,000

Cash Flow
$200,000

EBITDA$351,843

Gross Revenue$465,000

Inventory$20,000
Not included in asking price
FF&E$75,000
Included in asking price
Open 6 days Breakfast LunchSave
Hot Listing

Excellent Smooth Operations/Growth potential


Asking Price$375,000

Cash Flow
$200,000

EBITDA$351,843

Gross Revenue$465,000

Inventory$20,000
Not included in asking price
FF&E$75,000
Included in asking price
Business Description
Established American restaurant and cafe operating since 1950 in Saint Petersburg, FL, presenting exceptional stability and growth potential. This profitable breakfast and lunch operation generates $200,000 in seller's discretionary earnings from just 6 days per week, demonstrating remarkable operational efficiency.

Financial Performance:
- Annual Revenue: $465,000
- Seller's Discretionary Earnings: $200,000
- EBITDA: $351,843
- Strong profit margins with limited operating schedule
- Inventory value: $20,000

Business Overview:
This 74-year-old restaurant has cultivated a loyal customer base through decades of consistent service. Operating in a 5,500 square foot leased space at $3,200 monthly, the business maintains low overhead while delivering strong returns. The current breakfast and lunch format provides manageable hours while generating substantial cash flow.

Operational Advantages:
- Minimal staffing requirements with only 3 employees
- Easy-to-operate business model
- Existing staff willing to remain with new ownership
- Established systems and proven processes
- FF&E valued at $75,000

Expansion Opportunities:
Significant untapped potential through multiple revenue streams:
- Dinner service expansion
- Wine and beer service implementation
- Sunday operations
- Enhanced evening entertainment offerings

Owner Support:
The seller offers comprehensive transition assistance with friendly, supportive guidance to ensure smooth ownership transfer and continued success.

Location Benefits:
Prime Saint Petersburg location in Pinellas County benefits from strong local patronage and tourist traffic, supporting consistent revenue generation in Florida's dynamic dining market.

This turnkey opportunity combines the security of a seven-decade operating history with clear pathways for revenue enhancement. The established customer base, proven profitability, and expansion potential make this an ideal acquisition for experienced restaurant operators seeking a stable, profitable business with growth opportunities.
About the Business
Years in Operation
75
Number of Employees
3
Facilities & Assets
Excellent facilities, sandwich makers, grills, hvac hood, ice machines, refrigerators, toasters, 3 freezers, bottles of teas, canned sodas refrigerator.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,500
Rent
$3,200.00 per month
About the Sale
Transition Support
Very friendly and supportive. Will be on to assist in transition.
Listing Info
ID
2393528
Listing Views
415

Contact Seller

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Business Listed by: Grier Holliday

Listing ID: 2393528 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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