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| You have accessed this listing information from the VR National database through: | The participating listing VR Business Broker Office is: |
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VR Business Brokers - Lakeland, FL 1828 S. Florida Avenue Lakeland, FL 33803 (863) 682-4600 www.vrbusiness-sales.com vr4144@vrbusinessbrokers.com |
VR Business Brokers - Clearwater, FL 565 South Hercules Avenue Clearwater, FL 33764-5747 (727) 499-6500 www.vrclearwater.com info@vrclearwater.com |
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Business Listing Details |
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LISTING#: |
C0530: Restaurants Italian Restaurant and Bar |
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LOCATION: Tampa Bay Area |
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ASKING PRICE $400,000 |
AMOUNT DOWN $400,000 |
REVENUES: $219,585 |
ADJUSTED CASH FLOW |
TOTAL ASSETS $200,000 |
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This restaurant/bar operates in a popular business center on US 19N. The food is cooked to order by the owner who is originally from Italy. Only the freshest ingredients and spices are used to create quality cuisine. The restaurant/bar’s 2009 annualized earnings are $21,078. The menu offers a wide selection consisting of sautéed dishes, salads, seafood, veal and chicken. The restaurant provides free Wi-Fi to customers and offers nightly entertainment services provided by a DJ Sunday-Thursday. Live music and dancing is available on weekends and draws crowds from the local neighborhoods and hotels. The owner has previously operated restaurants in the Tampa Bay area before opening this prime location in early 2007. The business is close to Tarpon Springs which attracts tourists who enjoy the food and dancing. The business was designed with separate the bar and dining area in order to accommodate customers who want to play games, or watch the numerous TV’s without disturbing the guests who are dining. This is an outstanding opportunity for a buyer who can develop this successful top-rated restaurant, expanding and building brand awareness through extensive advertising means. |
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| Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. 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. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies. |