Landmark Restaurant in Lakeland, FL - $1.35M - $400K Annual Cash Flow
Executive Overview
Key Investment Highlights
- •SBA lender pre-approved with approximately $150,000 down for qualified buyers
- •Located in a prime high-traffic area with established customer base
- •Established in 1990 with 25 years of consistent family ownership
- •Stellar reputation with loyal local following
- •Multiple revenue streams including dine-in, carry-out, and third-party delivery
This turnkey restaurant operates with exceptional efficiency, requiring minimal owner involvement. The business boasts a diverse American menu with a specialty in seafood, accommodating approximately 135 guests. With a current beer and wine license, the restaurant has significant potential for expansion through strategic initiatives like catering services, potential full liquor license, extended operating hours, and enhanced social media marketing.
The current ownership model demonstrates remarkable flexibility, with the owner enjoying over two months of vacation annually while the experienced lead staff maintains smooth operations. Consistently positive online reviews and a strong community presence provide a solid foundation for continued success and future growth. This represents a rare opportunity for an investor seeking a proven, well-established food service business with immediate cash flow and expansion potential.