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Tampa's The Floridian selling its assets as owner plans retirement

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Source: Business Observer

The Floridian, a popular Tampa eatery best known for its Cuban sandwiches, is selling its assets and the lease to its space as its longtime owner prepares to retire. In an email Friday, owner Harold Seltzer writes that “I’m selling the leasehold improvements, all FF&E and small wares, and assigning my lease which is less than half of current market rents in the area. “It’s an incredible deal!” Seltzer, The Floridian’s owner, says the business itself is not for sale and that he owns all the intellectual property. But if the eventual buyer wants to operate as The Floridian, he is willing to license the name. According to marketing materials from Axxos Commercial Real Estate, the shop has placed all of its furniture, fixtures and equipment for sale at the 1,500-square-foot space at 4534 W. Kennedy Blvd. The deal includes an assignment of the lease, which has eight years remaining on it.

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Read the original at Business Observer

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