Profitable Lunch and Breakfast Restaurant for Sale in St Pete FL

Asking Price$725,000

Cash Flow
$288,470
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,411,376

InventoryNot Disclosed

FF&ENot Disclosed

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Profitable Lunch and Breakfast Restaurant for Sale in St Pete FL


Asking Price$725,000

Cash Flow
$288,470
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,411,376

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Lunch and Breakfast Restaurant for Sale with Six figure Earnings for Sale in Beautiful Downtown St Petersburg Florida. The current owner is absentee However, with an onsite owner/operator, staffing costs could be further reduced, leading to even greater profitability than the already $288,000 in owner benefit! Lending options Available for Qualified buyers!
Nestled in the heart of Downtown St Petersburg, this Lunch and Breakfast Restaurant for Sale thrives in a community experiencing unprecedented growth in both business and residential sectors. Pinellas County has been one of the fastest growing counties in the United States for several years running.
This Breakfast and Lunch Restaurant for Sale has been established for two years and has been a hit since opening! With sales in 2024 of 1.4 Million and owner benefit of $288,000 you can hit the ground running with an already succesful restaurant!
This Breakfast and lunch spot, offered by We Sell Restaurants, has a fully equipped commercial kitchen that includes a large hood system, walk in cooler and freezer combo, espresso machine, flat top grill with refrigerated four drawer grill table and much much more! With seating for 38 inside and another 24 outdoor seats under umbrellas that allows their guests to enjoy the beautiful Florida weather in this Breakfast and Lunch restaurant for Sale!
There are 7 yrs left on the current assignable lease with 2 five year options wiht the current lease rate of $7200 per month for just under 2700 square feet! That is a great lease for Downtown St Pete!
This established succesful Breakfast and Lunch Restaurant for Sale has a great reputation and is generating great reviews from its established customer base and their are oppertunities to evn add to the already great sales by focusing on catering, third party delivery and possibly adding a beer and wine license to increase sales on the weekends!
Move quickly on this Breakfast and Lunch Restaurant for Sale as it will not last long!
By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
About the Business
Years in Operation
2
Employees
18
Facilities & Assets
4 Four place tables
4 Two place tables
6 Bar stools
31Chairs
3 Child seats
1 Full length Bench seat
Hostess stand
1 Couch
6 Outdoor tables
24 outdoor chairs
Decorative cabinet
Toast POS system
Single door reach in cooler
1 2x3 stainless steel prep table
1 Six burner stove top
2 drawer refrigerated grill table
1 single door counter height cooler
1 small stainless steel ice bin
1 Espresso machine with coffee grinder
2 Fryers
1 4 ft flat top grill with 4 drawer refrigerated
1 2ft Char grill
1 2 door counter height cooler
1 Convection oven
1 Panini press
1 3x3 Stainless steel table
10 stainless steel shelving units
8 Wire racks
2 Door refrigerated prep table with upper shelf
1 Single door counter height freezer
1 single door refrigerated prep table
1 3x2 prep table with an upper shelf and drawer
2 Bun Racks with pans
1 2x3 stainless prep table
1 Globe slicer
1 Vegetable sink with sideboard
1 6ft Stainless prep table
1 bus cart
1 3 comp dish sink
1 4ft stainless prep table
3 bakers bins
All smallwares, glassware and tableware currently in restaurant
Website
https://www.wesellrestaurants.com
Market Outlook / Competition
High Traffic in booming tourist area
Opportunities for Growth
Great Location, Heavy Traffic, Foot traffic
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,692
Rent
$7,300.00 per month
Lease Expiration
4/30/2033
About the Sale
Seller Motivation
Relocation
Transition Support
Two weeks owner training
Listing Info
ID
2367767
Listing Views
882

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Business Listed by: Don Mason We Sell Restaurants

Listing ID: 2367767 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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