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.

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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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