Charlottesville Area Italian Restaurant With $208,000 Owner Income!

Business Overview:

With $1.2M in sales, this well-established Italian Restaurant for Sale generated $208,000 income in 2023, and has been a consistent earner for over 38 years in the same location! Currently operating under absentee ownership! Situated in a high-traffic area with great visibility, it is a local favorite and attracts diners traveling the busy Northern Virginia to Charlottesville corridor. This is a fantastic turnkey opportunity eligible for SBA financing, and the owner is willing to provide partial financing to a qualified buyer! At 3,000 square feet, this Italian Restaurant for Sale is spacious yet provides an intimate dining experience with seating for 72 guests. There are two separate kitchen areas, one equipped with pizza ovens and prep stations and one designed to prepare and serve the restaurant's signature Italian dishes. Check out the extensive equipment list and photos to learn more! Everything is in place to ensure a smooth transition to a new owner and continuity of operations. The rent is very reasonable for this area at just $3,500 per month, and the lease is assumable. Open six days per week, this restaurant is ideally positioned in a busy shopping center with ample parking, and is surrounded by residential neighborhoods. The local economy is booming with new housing, providing unparalleled opportunity for expanding sales, whether dine-in, take-out, or delivery. The brokers at We Sell Restaurants work with an extensive list of lenders providing conventional, SBA and unsecured loans, making it easy to finance your restaurant acquisition and secure working capital. Don't wait - profitable, quality restaurants like this one don't last long in this market! Call today to learn more and realize your dream of restaurant ownership! Italian cuisine has a universal appeal, and caters to a wide variety of diners and dietary preferences. From pizza and quick casual favorites to multi-course meals, you can stick with the successful, established menu, or add your own recipes and culinary flair. The extensive offerings at this Italian Restaurant For Sale appeal to all types of diners and budgets! By providing your phone number to We Sell Restaurants, you agree to receive text notifications.

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Property Features and Assets:

Hoods x2Grease trapSix burner stoveFlat topGrillFryers x2SalamanderThree compartment sinkMicrowaves x2Hobart dough mixerPizza ovens x2Smallwares pots pans ladles etc.Dishware serving ware flatwarePrep tables x5Sheet pan racksMiscellaneous shelvingPasta cookerScales x3Conveyor toasterMeat slicerDisplay caseWalk in cooler x2Walk in freezerGlass front reach in coolerReach in freezerIce machineSandwich prep coolerPizza coolerTables x20chairs x72FlatwareSilverwareServing wareKeg coolerIce wellSound systemClover POS with four stationsSafeCopy machineHigh chairsBooster seatsSignageTrash receptaclesUtility cartsMiscellaneous decor

Market Competition and Expansion:

Well-established in community, independent v. franchise

Reason for Selling:

Retirement

Additional Details:

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