High Volume Restaurant
Business Opportunity
for Sale
| Catylist Listing ID: |
30794069 |
| Property Subtypes: |
Food and Beverage
|
| Building Size (RSF): |
1,000 SF
|
| Sale Price: |
$225,000 |
| Name of Establishment: |
Kimmy D's Restaurant |
| Year Business Established: |
1984 |
| Gross Revenue: |
$496,131 (Annual) |
| Cash Flow: |
$225,000 (Annual) |
| Home Based: |
Yes |
| Sale Terms: |
Once in a life time opportunity. Illness in family owner must retire. Continuing long term lease. Open for renewal after 2030. Rent is $1,198.00. |
| Last Updated: |
4/26/2022 |
Overview / Comments
|
Booming Family restaurant serving home cooked breakfast and lunch. Open Mon-Fri 5:30 a.m-3:00 p.m., Sat 5:30 a.m. -2 p.m. Tremendous traffic, free delivery (limited area) or Uber Eats everywhere else. The restaurant was established in 1984 and is still running extremally strong. Currently has 6 employees and seats 48-52. Fantastic mid county location, large trade patrons, great exposure. All tables, chairs, kitchen equipment, 8 foot hood, freezers, 400lb ice machine, Gas fryer, steam table, oven and stove, prep tables and soda machine come with the sale. Once in a life time opportunity. Illness in family Owner must retire. Fantastic ready made business.
|
Additional Details
| Nearest MSA: |
Tampa-St. Petersburg-Clearwater |
| County: |
Pinellas |
| Industry Segment: |
Restaurants |
| Reason for Selling: |
Illness in family. Owner must retire. |
| Value of Inventory Included ($): |
$0 |
| Value of Furniture, Fixtures, and Equipment ($): |
$10,000 |
| Value of Real Estate Included ($): |
$0 |
| Real Estate Lease Description: |
The lease was just renewed for 5 years. Has an additional renewal for 5 years. The monthly rent is $1,198.00 |
| Mgmt/Training Support Description: |
Owner |
| Competition/Market Description: |
No competition. |
| Growth/Expansion Opportunities: |
Tremendous opportunites. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,216 |
82,820 |
262,880 |
| Median Age: |
41.31 |
42.53 |
45.14 |
| Households: |
2,064 |
35,628 |
118,363 |
|
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