Global Business Brokerage Inc.  where you will experience a "World of Difference"

Industry:  Retail - Restaurant

Segment:      Food & Beverage - Breakfast & Brunch/Lunch Only

                                 Catering for Business Meetings, Weddings & Social Events

    Geography:        Beautiful  -   Tampa Bay Area

                                            Sorry - Contract Pending

Asking Price:                $     65,000     Down-payment - PRICE JUST REDUCED - VISA QUALIFIED

                             $     85,000    Balance  Owner Financing for 4 Yrs. @ 6%

                                     $150,000       TOTAL PRICE - HURRY!  OWNER VERY MOTIVATED!

                                     Want an already WELL-ESTABLISHED BUSINESS and to retire in sunny Florida?

                                      Owner only works 20 Hours Per Week!

SALES:                       $270,000 ANNUAL

                                      (Owner to verify sales with Bank Deposits and Expense Reports)

Owner Benefit:          $ 74,000/Year+++ (ONLY WORKING 20 HRS PER WEEK)

Established:                    TAMPA LANDMARK - SINCE 1985!!

LEASE:                           1,400 Sq. Ft. @ $2,412 PER MO WITH 2.5 YRS. REMAINING

                                      LANDLORD WILL GIVE OPTION TO EXTEND FOR 3 TO 5 YEARS (WHATEVER YOU WANT)

FF & E:                        $70,000  (Ask broker for list - many brand new items)

Inventory:                   $  2,000

Employees:               Owner Manager (20 Hrs), Cook #1, Cook #2, Prepper, Server #1, Server #2

                                      YOU COULD CUT ONE COOK (IF YOU CAN COOK) & ADD APPROX $15,000 TO YOUR INCOME

Reason for Sale:     Owner wants to purchase a larger business.  The current owner purchased this business from us when they  immigrated to U.S. from Trinidad with a plan to only keep it until their Visa's were approved.  Now they are moving on up.  Obviously, this business qualifies for Visa Immigration.

Hours of Operation:   Monday through Friday (8:00 AM to 2:00 PM) - Sat. & Sun. (8:30 AM to 2:30 PM)

                                         (Owner only works 20 Hours Per Week)

LOCATION!  LOCATION!  LOCATION!  - ESTABLISHED EATERY/BRUNCHERY HAS BEEN A TAMPA LANDMARK SINCE 1985 - VOTED "BEST BREAKFAST EVER!" - Tampa Bay Life and "PROVES BEST FOR BREAKFAST"... The Times.  Everyone knows the name of this restaurant in Tampa Bay!  The menu is incredible and has been a tradition in the Tampa Bay area for many, many years.  You will not find a better, more profitable, well established restaurant on the market in the Tampa Bay area!

And... there are no evening hours!!!

What could be a better set up for a restaurant???

With this prime location, this business won't last long!  A picture is worth a thousand words.  Ask the Broker to e-mail you a photo gallery of this quaint, well known brunch place, as well as a menu of this well established, highly profitable and great looking business.  This high-end, 50 seat capacity restaurant, is located in a prime shopping center on busy Hillsborough Avenue.  It is extremely popular with local residents, as well as tourists.  On Saturdays and Sundays, be prepared to wait in line to get in the door!

Hours are phenomenal for the restaurant business!  Monday through Friday (Closed Holidays) from 8:00 AM to 2:00 PM Only!  The current owner only works one week day from 8:00 to 2:00 and 2 Hours (out front) for 5 days!  What a deal!!!!

MENU

The menu is simple, but has a tradition of offering delicious home cooked meals, using only the freshest ingredients available and they prepare each meal with the utmost care.  They feature Homemade Crepes & Quiches, Specialty Pancakes, Specialty Benedicts and Awesome Omelette's!  For lunch, they have more traditional fare with Specialty Sandwiches, Salads and Specials.  Daily desserts and gourmet coffee specials top off your visit!  Breakfast and lunch are interchangeable and can be purchased anytime of the day!  What a hamburger at 8:00 AM?  Breakfast at 1:00 PM?  No problem!!!

CATERING

Current owners have expanded original menu and caters buffet meals, breakfasts, lunches, dinners, office functions, showers, weddings and many special occasions.  They also offer their facility for parties with a room rental fee, tax and gratuity as well as catering the function.

This restaurant is well known for their excellent catering services to local businesses and for special occasions, such as weddings and parties, with established weekly and monthly clientele.  Catering menu includes, many easily prepared specialty items for which they are well known.  They prepare and deliver only - no serving!  Catering menu includes:  Crab & Cream Cheese stuffed mushrooms, Bite size Quiches, Egg & Bacon Casserole, Scallops wrapped with bacon, Fresh Fruit Trays, Sandwich Trays and much more.  Catering menu is fabulous!  - Ask the Broker to e-mail you the menu to you so you can see for yourself.

INVENTORY & EQUIPMENT LIST

This local eatery, is beautifully appointed and well decorated, with nicer furniture and the ambiance of a favorite place to brunch!  Restaurant equipment is newer and well maintained with a full kitchen, large walk-in cooler and spacious preparation area. 

Current owner has added many improvements, such as installing new carpeting in dining area, removing old latticework and replacing with dry wall in the dining room, tile in the kitchen floor and the ladies and men's restrooms, in the server's stations and walkway and new tile in the entrance.  They changed all the old ceiling tiles, put in new countertops and purchased a new grill & fridge.  They also installed new fire equipment to meet compliance codes, updated the electrical system and redecorated bathrooms and kitchen, as well as refurbishing the dining room chairs and building exterior fencing and a roof to enclose back and provide area for employees.  Total recent improvements to this eatery/bruchery are valued at $18,880, excluding labor.  Ask the Broker for a list of improvements by the current owners and a list of fixtures, fittings & inventory items.  VALUED AT $70,000 Furniture, Fixtures & Equipment and $2,000 Inventory.  By the way - IT LOOKS GREAT!!!

MONTHLY EXPENSES:

Current monthly expenses total $5,946, and food runs at $4,500 per month, salary and labor costs run at $5,892 per month.  For a complete list, contact the Broker.

DO NOT WAIT - IT WON'T LAST LONG ON THE MARKET

THIS BUSINESS CAN ALSO BE GROWN.  CURRENT OWNER DOES NOT ADVERTISE AND HAS BUILT BUSINESS ENTIRELY ON WORD OF MOUTH AND IS NOT OPEN IN THE EVENING HOURS OR YOU CAN SIMPLY BASK IN THE LUXURY OF NOT HAVING TO PUT IN ALL THOSE LABOR INTENSIVE RESTAURANT HOURS AND GO FISHING - (The choice is yours).

THIS IS A GREAT TIME TO BUY WITH THE BUSY SEASON FAST APPROACHING (OCTOBER THROUGH MAY - MOST PROFITABLE MONTHS).  THIS IS JUST A TERRIFIC BUSINESS - THAT HAS IT ALL, WELL ESTABLISHED, A TAMPA LANDMARK SINCE 1985, PATRONS WAITING TO GET IN, GREAT LOCATION AND A PROVEN MONEY MAKER.  CAN BE RUN ABSENTEE AND OWNER DOES NOT HAVE TO PUT IN ALL THOSE GRUELING HOURS USUALLY ASSOCIATED WITH A RESTAURANT.  ALL THIS, AND IT IS VISA QUALIFIED.  WHAT'S NOT TO LIKE?

BETTER HURRY - THIS SOLD IN A HURRY LAST TIME WE LISTED IT AND WILL GO JUST AS FAST (IF NOT FASTER BECAUSE OF THE MANY IMPROVEMENTS) NOW! CALL US TODAY ON THIS ONE!

Photos, menus & equipment lists available from the Broker.

Viewing:  Prospective buyer financial qualification required prior to further disclosure and showing. 

Disclosure:  Global Business Brokerage, Inc. has on file the signature and the Sole and Exclusive Right to Sell Listing Agreement, Equipment List, Lease and Cash Flow Analysis.  Information provided 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.