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Business Listed by

Sunbelt Clearwater/St. Petersburg

Contact:
Office Phone: 727-793-0090
Mobile Phone:
Listing ID: CLEARFL001-N875

Upscale Dining Restaurant & Bar

Financial Information

  • Asking Price: $500,000
  • Gross Revenue: $630,000
  • Cash Flow: $202,245
  • Down Payment: ON REQUEST
  • FF&E (Included): $250,000
  • Inventory: $50,000
  • Financing: Yes

Business Location

  • New Port Richey
  • Florida
Primary Business Category: Restaurants

Set in charming New Port Richie, this upscale dining establishments boasts a 2 story open theme. The center of the first floor it has the main dining room and 2 private venues. It has a full liquor bar and gathering area with local paintings and a Live Waterfall wall. The second story boasts an open and airy view from the top and the 2nd full liquor bar. Additionally there is a fully enclosed patio bar and live stage attached to the rear of the building. The real estate valued at $800K is available for purchase.


Competition Description


Growth / Expansion overview


Support / Training Comments

Seller will negotiate a transition period


Financing Comments


Reason For Sale
Other Business Interests
  • Home Based: No
  • Year Established: 2014
  • Franchise: No
  • Year Acquired: 2014
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: Health, Liquor

  • Is Property Leased: No
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: $800,000
  • Real Estate Asking: $800,000
  • Days Open: Monday-Sunday
  • Hours Open: Varies by Day
  • Fulltime Employees: 15
  • Part time Employees: 10
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 10,000 sq ft
  • Parking: Ample
  • Monthly Rent: N/A
  • Lease Terms: Available for lease or purchase

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