Hot Listing

Exceptional 40 Yr Old Steakhouse - Chef's Dream Business

Asking Price$3,500,000

Cash Flow
$1,073,857
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$6,245,000

Inventory$90,000
Not included in asking price
FF&E$200,000
Included in asking price
Save1/2
Hot Listing

Exceptional 40 Yr Old Steakhouse - Chef's Dream Business


Asking Price$3,500,000

Cash Flow
$1,073,857
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$6,245,000

Inventory$90,000
Not included in asking price
FF&E$200,000
Included in asking price

Seller Financing Available
Business Description
Imagine walking into your own piece of restaurant history - a beloved steakhouse that's been serving satisfied customers for an incredible 40 years. Since 1985, this exceptional establishment has been the go-to destination for steak lovers in Pinellas County, one of Florida's most vibrant dining markets.

You'll love the stability this business offers. While many restaurants struggle to survive their first few years, this steakhouse has thrived through four decades of changing tastes and economic ups and downs. That kind of longevity doesn't happen by accident - it's built on consistently great food, loyal customers, and rock-solid operations.

What makes this opportunity so special? You're not starting from scratch or hoping customers will find you. This restaurant already has everything you need: an established reputation, proven systems that work, well tenured and experienced staff, reliable vendor relationships, and most importantly, a customer base that keeps coming back year after year. Additionally, the restaurant has undergone a beautiful remodel recently.

The steakhouse segment has always been resilient, and established operators like this one often command premium values because of their specialized expertise and devoted following. You'll be stepping into a business model that's been tested and refined over decades.

We know buying a restaurant can feel overwhelming, but this isn't your typical risky startup. You're acquiring a mature operation with deep roots in the community and a track record that speaks for itself. The systems are in place, the reputation is built, and the foundation is rock-solid.

This is your chance to own a piece of local dining history while building your own legacy. The detailed financial and operational data tell an impressive story that we'd love to share with qualified buyers. Buyers will be required to complete an NDA and provide proof of funds in order to release confidential information for further review.
About the Business
Years in Operation
40
Facilities & Assets
Fully fitted and highly maintained kitchen. Beautiful dining room and bar area completely renovated in 2022/2023. The restaurant needs absolutely nothing. Exceptionally well-maintained building and plenty of parking for customers and staff.
Opportunities for Growth
While the business enjoys incredible revenue year after year, there's still room to grow the business even further: outdoor seating, targeted and focused lunch business, some unique proprietary advertising availability to name a few.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,650
Rent
$12,500.00 per month
Lease Expiration
9/30/2035
About the Sale
Seller Motivation
Retirement
Transition Support
Seller willing to help buyer through an amicable transition period.
Financing Options
Some seller financing considered to a qualified buyer/operator
Listing Info
ID
2408921
Listing Views
250

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Shane Keegan Vested Business Partners

Listing ID: 2408921 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.


Similar Listings
WRAP SANDWICH COMPANY
$150,000WRAP SANDWICH COMPANYFeatured Franchise
Waterfront Bar & Restaurant
$4,850,000Waterfront Bar & RestaurantPinellas County, FL
Checkers & Rally’s Restaurants
$350,000Checkers & Rally’s RestaurantsFeatured Franchise
Bar with Real Estate – Rare Opportunity
$1,000,000Bar with Real Estate – Rare OpportunityPinellas County, FL
Layne's Chicken Fingers
$300,000Layne's Chicken FingersFeatured Franchise
Restaurant and Full Bar St Petersburg
$2,850,000Restaurant and Full Bar St PetersburgPinellas County, FL
Your WATERFRONT Business Dream Awaits!
$1,500,000Your WATERFRONT Business Dream Awaits!Pinellas County, FL
Church's Texas Chicken
$500,000Church's Texas ChickenFeatured Franchise
WRAP SANDWICH COMPANY
$150,000WRAP SANDWICH COMPANYFeatured Franchise
Waterfront Bar & Restaurant
$4,850,000Waterfront Bar & RestaurantPinellas County, FL
Checkers & Rally’s Restaurants
$350,000Checkers & Rally’s RestaurantsFeatured Franchise