1 Million Tampa, FL 33626
- Retail properties
- 2,801 SF
Current Use by Public Records
- Retail properties
Property Details for 1 Million
- Year built
- 2011
- Property size
- 2,801 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This established franchise bar and grill, located in Westchase, Florida (zip code 33626), presents a lucrative investment opportunity. The 2,801 square foot restaurant, built in 2011, boasts over $1,104,115 in gross revenue and a cash flow of $94,048. The lease expires August 25, 2026, with potential for renewal. The sale includes a comprehensive inventory of equipment, such as multiple fryers, a six-burner stove with oven, walk-in cooler, extensive refrigeration, a twenty-head beer tap system, Aloha POS system, and ample seating both indoors and on a large outdoor patio. Furniture, fixtures, and equipment are included, along with a security system and cameras. The business benefits from a prime location in a high-traffic area, surrounded by other retailers. Eleven employees are currently in place, and the seller will provide two weeks of training. This is an asset sale; real estate is not included in the asking price of $359,999. Seller financing is not available. The business is a franchise and has a proven track record of success. The current owner is selling due to pursuing a new career. This turnkey operation is ready for a new owner to continue its success and potentially expand through increased local advertising and catering services.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.6159
- Latitude
- 28.0658
