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Established boutique restaurant and wine bar strategically positioned in a high-visibility plaza location in Largo, Pinellas County. This turnkey hospitality operation encompasses 2, 800 square feet across three connected units, providing substantial space for dining, bar service, and potential expansion opportunities. The property benefits from exceptional exposure with nearly 20, 000 vehicles per day traffic volume and prominent building signage ensuring maximum visibility. Ample parking availability supports customer accessibility and operational efficiency. Key Business Features: • Established customer base with documented revenue history • Prime plaza location with high foot traffic potential • Flexible 2, 800 sq ft layout across three units • Outdoor seating capability enhancing revenue opportunities • Large-format exterior signage for brand visibility • Abundant parking supporting customer convenience. Growth Opportunities: The current operating model presents significant expansion potential through extended operating hours and enhanced service offerings. The versatile space configuration allows for concept modification or restaurant format adaptation based on new ownership vision. Financial Information: Comprehensive financial documentation available to qualified buyers, demonstrating established revenue streams and operational history. The seller indicates potential owner financing terms may be available for qualified purchasers. Location Advantages: Situated in Largo's commercial corridor with consistent daily traffic flow of approximately 20, 000 vehicles, providing sustained customer exposure and market accessibility. This represents an opportunity to acquire an established hospitality business with proven operational infrastructure, prime location benefits, and documented financial performance in the competitive food and beverage sector.
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Our Executive Mortgage Banker:
Our Insurance Division:
$295,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $236,000 | $236,000 | $236,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,359 | $1,511 | $1,960 |
| Total Monthly Payment | $1,434 | $1,586 | $2,035 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.