Steak Restaurant - Business for Sale

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Steak Restaurant with Event Space in Tampa, FL

Tampa, FL, US
Added 2 months ago
Steakhouse Restaurant
58 years in business
Retiring Owner

A 58-year established steak restaurant in Tampa, Florida, operating six evenings a week with indoor seating for 350, private party rooms, and a full liquor license.

Key Information

Asking

$249K

Revenue

$600K

Earnings

$125K

Multiple

2.0x

Key Highlights

  • Business has been established for 58 years
  • Indoor seating capacity is 350
  • Operates 6 nights per week, only for dinner, with owner working 33 hours per week
  • Rent is $8,000 per month for a 10,000 sq ft space
  • Includes $235,000 in furniture, fixtures, and equipment (FF&E), $2,000 in inventory, and $155,000 in leasehold improvements
  • Full liquor license (4COP SRX) included
  • Staff includes 4 full-time and 7 part-time employees
  • Located in Tampa, Florida

Contact Info

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Steak Restaurant | Business for Sale | SMB Deal OS