This quaint Cafe / Bar & Grill is located poolside within a Resort Hotel on the water with Breathtaking Sunsets all the time. This restaurant is the only food establishment allowed at the resort and is open to the guests of the resort / Airbnb / VRBO rentals on property. The cozy beach themed location provides its customers with the quintessential Florida beach vibe with full liquor, great beach food, and an amazing atmosphere!
Open 7 days a week, menu offers Breakfast, Lunch, and Dinner including mouth watering burgers, fish tacos, conch fritters, salads and more. A full bar allows customers to have their pick of drinks from Frozen Daiquiris to Bahama Mamas along with beer and wine!
Owner Benefit and cashflow advertised reflects 1 full time working owner replacing the manager and working 45 hours a week. Current owner has Manager and only works 25 hrs a week. This can remain as is but a reduction of the Cashflow will need to be made.
This represents a remarkable chance to own a well established venue with a loyal customer base and a proven track record of success. A must see for anyone wanting to own that slice of Paradise and capitalize on a turnkey operation with growth potential.
Financial Information
$550,000
Asking Price
$224,110
Cash Flow
$1,189,095
Gross Revenue
$300,000
Down Payment
Yes
Financing
Business Location
City:
Tampa
State:Florida
Financing Comments
$300,000 down with balance of $250,000 at 7% interest for 60 Months (5 years) = $4,95
Reason for Sale
Family Relocation
Detailed information
Year Established:8
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 6
Part-Time Employees:4
Contractors:N/A
Owner Worked Hours/w:45
Adjusted EBITDA:
N/A
Inventory Included: No
Inventory Value:
$20,000
Monthly Rent:
$800
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 2858
FF&E Included?: No
Training/Support
Seller will provide two weeks of training at no cost to buyer.
Facilities
This quaint Cafe / Bar & Grill is located poolside within a Resort Hotel on the water with Breathtaking Sunsets all the time.
Market Outlook/Competition
Real Estate Description
Food Trailer converted to Kitchen that is parked at a Covered Pool Cabana